Tag Archives: Technical Analysis

KUALA LUMPUR (July 13): The Federation of Malaysian Manufacturers (FMM) said the country’s minimum wage (MW) should not increase immediately to RM1,500 but spread over…

KUALA LUMPUR (July 13): The Malaysia Competition Commission (MyCC) will investigate the merger between Uber and Grab in Malaysia, which has resulted in Grab having…

SHENZHEN China (July 13): A hotel in the southern Chinese city of Shenzhen on Friday denied a report that it would charge US guests an…

SINGAPORE (July 13): Dr Tan See Leng, managing director and CEO of IHH Healthcare, is in a buoyant mood. And he deserves to be. After a…

KUALA LUMPUR (July 13): The FBM KLCI rose 18.36 points or 1.08% as Asian shares tracked US equity gains amid US-China trade war concerns. In…

PETALING JAYA (July 13): While the government’s decision to drop six stations from the LRT3 may have caused a stir among the public, property consultants…

(July 13): Mukesh Ambani overtook Alibaba Group founder Jack Ma to become Asia’s richest person, as he positions Reliance Industries Ltd to disrupt the e-commerce…

STOCKHOLM (July 13): Swedish healthcare company Capio on Friday rejected a bid worth 661 million euros (US$771 million) from the French subsidiary of Australian hospital…

The dollar index printed seven-session highs of 94.71, crossing above the 20-day moving average (94.65) in the process. EUR-USD topped at 1.1758 before sliding to 1.1668 lows. USD-JPY rallied to a six-month high of 112.05 from early lows of 110.97, in a technical move. USD-CAD slid to 1.3068 lows after the BoC hiked rates, though […]

OVERVIEW The Euro is stronger as reports suggest ECB is looking at a rate hike. Bank of Canada raises interest rates as expected. Global trade concerns fuel risk aversion across currency markets. HIGHLIGHT

Yen weakness has been the dominant theme today amid a rebound in global asset markets after the steep losses of yesterday. USD-JPY rallied to six-month highs above 112.50 after breaking above the May high at 111.39. EUR-JPY lifted into two-month-plus high terrain, and AUD-JPY reversed the outsized losses the cross had seen yesterday (following Trump’s […]

The yen has weakened amid a risk appetite revival in global asset markets amid a de-escalation in trade tensions, with both Washington and Beijing signalling a willingness to re-start bilateral negotiations. USD-JPY rallied to a six-month high of 112.38 after breaking above the May high at 111.39. EUR-JPY lifted into three-week high terrain, and AUD-JPY […]