Tag Archives: Investment Course

PUTRAJAYA (Feb 1): Tun Dr Mahathir Mohamad said he disagrees with the perception held by some Malays that he is a puppet in the Pakatan…

KUALA LUMPUR (Feb 1): Xavier Andre Justo, the man who played such a large role in exposing the 1Malaysia Development Bhd (1MDB) affair wants to…

The Dollar is trading at a lower band versus most currencies after the Fed turned decidedly neutral yesterday. The USD index (DXH9) dove nearly 1% in printing a three-week low, with EUR-USD concurrently rallying by a similar magnitude in posting a three-week high at 1.1508. USD-JPY fell to a two-week low at 108.69, while Cable […]

The Dollar steadied during the London interbank AM session after dropping sharply in the wake of the Fed’s shift-to-neutral policy signal yesterday. The U.S. currency saw fresh lows against most currencies, though the pace of declines moderated compared to the losses seen in the initial wake of the Fed’s communication yesterday. EUR-USD printed a fresh […]

OVERVIEW Sterling hits a year-long high point as PM May and her team prepare to head back to the negotiation table with EU Chief Negotiator Barnier and EU leaders.  USD steadies after The Fed keeps rate hikes on hold in the frigid day before February Oil up, yet Canada’s November GDP was down by the predicted 0.1%  HIGHLIGHT

The dollar steadied early in the session, after the DXY bottomed at 95.22 overnight, though headed higher from there, largely on short covering interest, and solid U.S. housing data. Wall Street was mostly higher, as the Powell Put remained in focus. EUR-USD fell from near 1.1500 to 1.1435 lows, while USD-JPY bounced from 108.54 to […]

The Dollar has traded near net flat versus the Euro and Yen, while losing modest ground to the Pound, which managed to recoup some of the Brexit-related losses seen during the NY PM session yesterday, and the Australian Dollar, which has been the day’s outperformer. The antipodean currency benefited from perkier than expected Q4 CPI, […]

The Dollar majors have been plying narrow ranges for the most part, with Sterling consolidating after dropping by about 1% versus the Dollar following the UK Parliament’s Brexit votes late yesterday. USD-JPY has traded within a 25 pip range so far today, in the low-to-mid 109.0s. Most Yen crosses have been similarly directionally challenged, though […]

OVERVIEW British PM Theresa May to head to Brussels to press EU leaders on Brexit separation deal amendments. Hope springs eternal that no-deal Brexit remains unlikely.   There are better-than-expected job gains and expectations the Fed will leave interest rates alone out of their meetings this week. These sentiments are lifting the greenback in today’s trading.  […]

OVERVIEW British PM Theresa May to head to Brussels to press EU leaders on Brexit separation deal amendments. Hope springs eternal that no-deal Brexit remains unlikely.   There are better-than-expected job gains and expectations the Fed will leave interest rates alone out of their meetings this week. These sentiments are lifting the greenback in today’s trading.  […]

The dollar slid lower after the FOMC announcement, where no changes to rates were made, as-expected. The statement removed reference to further gradual rate increases, and said the Fed was prepared to adjust balance sheet normalization, both of which weighed on the Greenback. EUR-USD popped over 1.1495, a nearly three-week high from 1.1515, while USD-JPY […]

The Dollar majors have seen little net direction, with forex markets in an noncommittal state ahead of U.S.-China trade talks, due today and tomorrow, which carries potential to directionally impact global markets. EUR-USD corrected out of a two-week high at 1.1450, which extended the rebound from last week’s six-week low at 1.1289. Most Euro crosses […]