Tag Archives: Technical Analysis

OVERVIEW Investors digest strong US payrolls data.  Euro jumps into June despite fresh political concerns. WTI slides lower, down 55 cents to trade at $66.50 a barrel. HIGHLIGHT

The dollar has traded mostly softer, losing ground to the euro, sterling and the Australian dollar, though has held near net unchanged versus the Canadian dollar while gaining ground against the yen. EUR-USD rallied to a four-day high of 1.1730 as markets digested political development in Italy, where Five Star and the League are forming […]

USD-JPY crawled higher during the Tokyo session, as did EUR-JPY and other yen crosses. USD-JPY lifted back above 109.0, though remained shy of yesterday’s peak at 109.24. A choppy but overall sanguine reaction in global markets, some would say surprisingly so, to the U.S. escalation of trade warring yesterday has seen the yen lose the […]

The dollar rallied following the jobs report, where NFP rose more than forecast, and earnings were better than expected. The jobless rate unexpectedly fell to a new low of 3.8%. The buck had been on the rise ahead of the report following a Trump Tweet implying a better than expected outcome. EUR-USD fell to 1.1618 […]

LANGKAWI (June 1): The proposed RM30 billion Langkawi New City project is tycoon Tan Sri Ting Pek Khiing’s dream of building a city on the…

WASHINGTON/BRUSSELS (June 1): US President Donald Trump told Canada and the European Union on Friday to do more to bring down their trade surpluses, a…

LANGKAWI (June 1): The Pakatan Harapan’s pledge to make 10 policy changes within 100 days in government were made without any knowledge of the government’s…

KUALA LUMPUR (June 1): Malaysia’s anti-graft commission has called for a statement from the wife of former Prime Minister Datuk Seri Najib Razak in its…

KUALA LUMPUR (Jun 1): Based on corporate announcements and news flow today, stocks in focus on Monday (June 4) may include Econpile Holdings Bhd, Pasdec…

(June 2): Investors’ uncertainty about the FAANG group of technology megacaps appears to be over — at least for now — as Facebook Inc., Apple…

(June 2): To get a sense of the disbelief gripping Canadian manufacturers since the U.S. imposed metal import tariffs, have a chat with Marc Dutil. “I…

KUALA LUMPUR (June 2): Finance minister Lim Guan Eng cannot be blamed, if he missed the Penang Chief Minister’s chair – two weeks into his…