The Dollar was range bound in N.Y. trade on Tuesday, as market participants largely sat on the sidelines ahead of Wednesday’ FOMC announcement. The USD had been under some pressure over the past few sessions, as traders priced in a dovish leaning announcement from the Fed. Risk could be skewed to the upside for the […]
KUALA LUMPUR (March 19): Tun Dr Mahathir Mohamad said the Pakatan Harapan-led government spent a good part of its first year to plug the “almost…
KUALA LUMPUR (March 19): The government will continue to attract high value-added, high technology and knowledge-intensive investments within the manufacturing sector to complete the value…
KUALA LUMPUR (March 19): The FBM KLCI retreated at the midday break today as investor sentiment turned tepid and most indices fell. At 12.30pm, the FBM…
KUALA LUMPUR (March 19): theedgemarkets.com highlighted 11 stocks with momentum at Bursa Malaysia’s noon market break today. It showed two with positive momentum and nine…
KUALA LUMPUR (March 19): Hong Leong Investment Bank Bhd downgraded its Dayang Enterprise Holdings Bhd share recommendation to sell from buy on the belief that…
The Dollar has traded moderately softer as London interbank participants take to their desks. The narrow trade-weighted USD index has dipped to a three-session low of 96.44, nearing last week’s two-week low at 96.39. EUR-USD has concurrently been trading buoyantly, although has so far remained checked by last week’s two-week peak at 1.1344. Cable has […]
The Dollar has traded mostly weaker, outside the case against the Pound, as the UK currency underperformed ahead of what is the most crucial week so far in the Brexit process. Cable ebbed under 1.3250, receding by about 50 pips from Friday’s closing levels, though remained up by 0.8% from week-ago levels. The British Chambers […]
KUALA LUMPUR (March 19): With the implementation of reforms to ensure a clean government, Finance Minister Lim Guan Eng is “100% confident” that the Pakatan…
KUALA LUMPUR (March 19): Scientex Bhd’s net profit in the second quarter ended Jan 31, 2019 (2QFY19) grew 8.5% to RM73.75 million from RM67.98 million…
OVERVIEW The greenback is trading lower against most major currencies, and the DXY Index is down by 0.1% GBP/USD is in negative territory as MPs prepare a new vote before seeking extensions of Article 50. NYMEX WTI firms 20 cents to trade $58.60 a barrel, remaining near four-month high. HIGHLIGHT
The dollar had been on the decline into the N.Y. open on Monday, though later perked up some on renewed trade tensions, when it was announced that the proposed meeting between Trump and Xi could be pushed back to June. The DXY rallied from 96.38 lows into the open, later peaking at 96.63. EUR-USD fell […]