Former Sabah CM Musa Aman arrested — Sabah Police Chief
KOTA KINABALU (Aug 23): The police today arrested former Sabah Chief Minister Tan Sri Musa Aman at a hospital in Kuala Lumpur where he is…
KOTA KINABALU (Aug 23): The police today arrested former Sabah Chief Minister Tan Sri Musa Aman at a hospital in Kuala Lumpur where he is…
OVERVIEW Dollar Index inches lower for the fifth consecutive session. USD/CAD eyes 1.30 psychological level. Commodities are hot; Gold nears $1,200 and WTI up 2.3%. HIGHLIGHT Things seem to be falling apart for the South African Rand recently. The currency has lost nearly 9.50% of its spot value versus the US dollar this month. The […]
dOVERVIEW Dollar Index inches lower for the fifth consecutive session. USD/CAD eyes 1.30 psychological level. Commodities are hot; Gold nears $1,200 and WTI up 2.3%. HIGHLIGHT Things seem to be falling apart for the South African Rand recently. The currency has lost nearly 9.50% of its spot value versus the US dollar this month. The […]
The Dollar has been trading mixed, edging out a fresh low against a generally firmer Euro while gaining on the Pound and Australian Dollar, among other currencies, and settling at near net unchanged levels in the case against the Yen. EUR-USD carved out a fresh two-week low at 1.1602, which surpassed yesterday’s peak by 1 […]
The Dollar has managed to find a footing during the Asian session after posting fresh lows against most currencies during the New York PM session yesterday following news that two former associates of President Trump had been convicted of various crimes, including fraud (with Trump’s ex-long serving personal lawyer, Michael Cohen, directly implicating Trump in […]
WASHINGTON (Aug 22): President Donald Trump said China’s economy is no longer on a swift pace to be larger than the US, a comment likely…
WASHINGTON (Aug 22): US and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by US President…
KUALA LUMPUR (Aug 22): The new Pakatan Harapan (PH) government has revealed that excess income tax and real property gains tax (RPGT) paid by taxpayers…
BEIJING (Aug 22): China’s Geely Automobile Holdings Ltd beat analyst forecasts with a 54% rise in net profit on Wednesday and said it expected to…
The Dollar has come under broad pressure at the inspiration of President Trump saying that he was “not thrilled” with the Fed for raising interest rates and that the Fed should do more to boost the economy.
The Dollar index came under modest pressure in N.Y. on Monday, touching 95.94 lows, and down from 96.40 into the open. There was no data to move the market, leaving trading conditions on the quiet side. Treasury yields and the dollar hit session lows after a Bloomberg report said Trump complained about Powell not being […]
OVERVIEW Sterling steadies, although still close to 14 month lows against the US Dollar. US Dollar gained against the Euro early in session. HIGHLIGHT The Euro strengthened later in the day as risk-on caused the US Dollar to drop back.