The Dollar soared to better than one-year highs in N.Y. on Friday, taking the DXY to levels last seen on July 7 of last year. The Greenback had been on the move higher during the London morning session, as Turkey melted down on economic turmoil there, made worse later by the doubling of U.S. sanctions […]
After making great progress in primary healthcare for several decades, Malaysia has failed to make the transition to a responsive health system that addresses the…
The Dollar index made its way to near highs of the week in N.Y. on Thursday, making its way to 95.48 late in the session from 95.16 early lows, despite cooler PPI data. Jobless claims were about in line with expectations. Wall Street was narrowly mixed, while Treasury yields slipped. EUR-USD fell to 1.1551 from […]
OVERVIEW Sterling steadies near 11-month lows against the US Dollar. US Dollar rises against most major currencies. The Kiwi Dollar slides to 2.5 year low on dovish RBNZ. HIGHLIGHT Sterling steadied against the US Dollar and Euro, having fallen all week on fears that Britain will leave the EU with no agreement in place.
EUR-USD recovered to the upper 1.1400s after dropping sharply into the London interbank open, leaving a 13-month low at 1.1432. Even at levels around 1.1475-80 the pair was still showing a loss of nearly 0.5% on the day.
The Dollar has rallied strongly into the London interbank open, driving EUR-USD to a 13-month low of 1.1448, Cable to fresh one-year lows under 1.2800 and AUD-USD to three-week lows. The Greenback has also posted gains against most other currencies, most notably the Turkish Lira, which has tumbled to fresh record lows. USD-JPY has lifted […]
KUALA LUMPUR (Aug 10): The number of passengers who passed through the 39 airports Malaysia Airports Holdings Bhd (MAHB) operates in Malaysia grew 2.2% to…
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KUALA LUMPUR (Aug 10): The Royal Customs Department confirmed today that there was a RM19.4 billion shortfall in the trust fund set up for the…
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KUALA LUMPUR (Aug 10): CIMB Group Holdings Bhd has received Bank Negara Malaysia’s (BNM) approval to incorporate a Malaysia-based joint venture (JV) company as the…
(Aug 10): India’s economic activity is picking up, boosted by a long-awaited recovery in consumption that’s helped cut down slack in the economy and underpinned…