Tag Archives: Technical Analysis

SINGAPORE (Dec 4): Singapore stands ready to engage with Malaysia to resolve matters related to Johor Bahru port limits, amicably, in accordance with international law,…

A risk-on theme drove the higher beta currencies higher, such as the Dollar bloc and emerging market currencies, while weighing on the Yen and Dollar. This came on news that the Trump and Xi came to a truce, with China has agreeing to “reduce and remove” tariffs below 40% on imports of U.S. vehicles, according […]

The Dollar has traded mixed, recovering from intraday losses against the Euro and Sterling, among other currencies, while reversing an Asia-opening gap higher in the case against the Yen, and losing ground to the Dollar bloc and most emerging-market currencies, which outperformed strongly as risk appetite was revived by news that the U.S. and China […]

KUALA LUMPUR (Dec 2): Although relatively little is being said and publicised about Malaysia Airlines Bhd’s recovery plan, a substantial amount of progress has actually…

KUALA LUMPUR (Dec 2): The new management of 1Malaysia Development Bhd (1MDB) can take a leaf from the multiple suits brought by plantation giant FGV…

PETALING JAYA (Dec 2): While institutional reform is needed in the country, the “basic bread and butter economic issues” must be prioritised to prevent backlash…

The Dollar picked up, which sent the USD index (DXY) to a two-day high of 97.01, up from yesterday’s one-week low at 93.63. EUR-USD, Cable and AUD-USD to concurrently posted respective intraday lows at 1.1357, 1.2743 and 0.7295. USD-JPY lifted to the mid 113.0s, though the magnitude of movement remained limited. USD-CAD, meanwhile, vaulted back […]

OVERVIEW –  The Dollar Index is closing November on a solid footing, near a two-month high. –  Sterling is trading relatively flat as investors wait for a political storm in Parliament over UK-EU deal. –  NYMEX WTI Crude trading 1.60% lower, with a barrel of oil fetching around $50.60 HIGHLIGHT

The Dollar firmed in N.Y. on Friday, with short covering ahead of the weekend meeting between Trump and Xi the main driver. A stronger Chicago PMI came to the Greenback’s aid as well. The DXY topped at 97.31, up from 96.90 into the open. EUR-USD faded to 1.1307, while USD-JPY peaked at 113.71. Oil prices […]

KUALA LUMPUR (Nov 30): Genting Malaysia Bhd (GENM), whose share price has been going downhill, announced its largest quarterly net loss of RM1.49 billion for…

LONDON (Nov 30): Marriott International Inc said it’s investigating a hack of the guest reservation database at its Starwood unit that may be one of…

NEW YORK (Nov 30): AT&T Inc is putting its new Time Warner arsenal of media properties to work, unveiling plans to roll out a three-tiered…