Both the Yen and Swiss Franc have firmed up into the London interbank session, with both registering as the strongest currencies on the day so far with respective gains of 0.2% and 0.4% against the Dollar. This saw USD-JPY print a low at 110.69, while USD-CHF hit a four-week low at 0.9970, reportedly triggering sell […]
OVERVIEW Sterling pulled back from recent highs as investors banked profits. Uncertainty still remains and will continue until it is clear how the UK will leave the EU, and on what terms. The focus is now on the next vote in parliament on any Plan B agreement terms which will take place on 12 March […]
The Dollar has traded mostly weaker, showing losses of 0.4% against the Euro, 0.8% to the Swiss Franc, which has been the day’s outperformer, and a 0.2% advance on the Yen. The U.S. currency fared better against Sterling, which corrected some of its recent strong gains against most currencies, and the Dollar bloc currencies, which […]
The dollar rallied following the higher than expected Q4 GDP outcome, and the much better than expected Chicago PMI print. The DXY rallied to 96.28 highs from opening levels near 95.85. EUR-USD fell to 1.1360 from highs near 1.1420, while USD-JPY posted two-month highs of 111.43, up from around 110.75. USD-CAD bounced initially to 1.3207 […]
KUALA LUMPUR (March 1): The FBM KLCI started off March on a poor note and fell 0.48% in early trade this morning and slipped below…
PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad yesterday called on some of the Pakatan Harapan government leaders to change their socialist way of thinking and…
KUALA LUMPUR (March 1): The FBM KLCI pared some of its loss at mid-morning today but remained marginally below the crucial 1,700-point level, weighed by…
KUALA LUMPUR (March 1): Ringgit falls after completing a third monthly advance as the dollar regains momentum, and investors await Malaysia’s February bond inflow data…
CYBERJAYA (March 1): Finance Minister Lim Guan Eng said the Inland Revenue Board (IRB) will raise its income tax collection target to more than RM150…
KUALA LUMPUR (March 1): Shares in tycoon T. Ananda Krishnan-controlled Bumi Armada Bhd fell 11.11% in active trade this morning after the group reported a…
KUALA LUMPUR (March 1): Last year, Datuk Seri Najib Razak appeared in an interview where he lost his cool repeatedly, an interview which has won…
KUALA LUMPUR (March 1): Brahim’s Holdings Bhd shares tumbled as much as 71.4% in an active trade this morning after it lapsed into Practice Note…