Tag Archives: Technical Analysis

SEPANG (July 19): It is not necessary to put an airfare cap on domestic flights, said AirAsia Group Bhd group chief executive officer Tan Sri…

OVERVIEW USD threading waters as investors wait for the Powell show in Capitol Hill. British Pound is the worst G-10 performer over concerns that UK PM is losing power grip. WTI is trying to recover after falling sharply 4.65% yesterday. HIGHLIGHT

The Dollar has traded firmer for a second day, buoyed by an upbeat prognosis of the U.S. economy and outlook by Fed chair Powell yesterday at his semi-annual testimony before the Senate Banking Committee. EUR-USD descended to a three-day low at 1.1631 while USD-JPY ascended above 113.00 for the first time since January. AUD-USD printed […]

The DXY rallied to a four-session high of 95.03, up from 94.30 lows into the N.Y. open. The dollar found support from Fed chair Powell testimony, as he remained upbeat on the U.S. economy, and indicated further gradual rate hikes. EUR-USD fell from 1.1710 at the open to a low of 1.1651. USD-JPY ran into […]

The Dollar extended gains that was prompted by the upbeat remarks on the U.S. economy from Fed chair Powell yesterday. The narrow trade-weighted USD index (DXY) gained 0.4% in printing a three-week high at 95.39. EUR-USD descended to a two-week low at 1.1607, and USD-JPY ascended above 113.00 for the first time since January. USD-CAD […]

KUALA LUMPUR (July 18): Council of Eminent Person’s chairman Tun Daim Zainuddin has just met China’s Foreign Affairs Minister Wang Yi in Beijing today. In a…

BENGALURU (July 18): Foreigners withdrew money from Asian bond markets for the third consecutive month in June, amid concerns increasing trade frictions between the United…

BEIJING (July 18): Alphabet Inc’s Google said on Wednesday it has launched an artificial intelligence (AI) game on Tencent Holdings Ltd social media app WeChat,…

KUALA LUMPUR (July 18): The ongoing trade war between US and China, two of the largest economies in the world, could wipe out about 0.2%…

SINGAPORE (July 18): Southeast Asia’s Grab is jointly investing S$6 million (US$4.4 million) with the National University of Singapore to launch an artificial intelligence (AI)…

KUALA LUMPUR (July 18): The FBM KLCI gained 15.79 points or 0.91% on local instutional support and bargain hunting after the index’s recent decline. Analysts said…

BRUSSELS (July 18): Google was fined 4.3 billion euros (US$5 billion) by the European Union and ordered to change the way it puts search and…