Tag Archives: Technical Analysis

KUALA LUMPUR (May 11): As the outcome of the 14th general election (GE14) is unprecedented and unexpected, Maybank Investment Bank (Maybank IB) Research expects some…

(May 11): Some Umno Youth leaders have come up to openly call for Umno president and former Prime Minister Datuk Seri Najib Tun Razak to…

Today is a good opportunity to update two long leading indicators.  

The dollar came off the boil after logging new highs against the euro and some other currencies. Dollar supply from a 3% spike in oil prices (at the intraday highs), which was a consequence of the U.S. breaking from the Iran nuclear deal, was mooted in market narratives as driving the pullback in the greenback. […]

USD-JPY edged out an eight-day high at 109.92 during the Tokyo session, but left the recent trend high at 110.03 unchallenged. The yen maintained a relatively soft tone amid a backdrop of stock market gains on Wall Street and in Asia. Oil prices, meanwhile, logged a new 42-month high. EUR-USD’s downtrend, now in its fourth […]

OVERVIEW US Dollar is generally weaker as market sentiment remains positive. Emerging market currencies among top performers on the day after US yields dip from recent highs, many still close to record lows. GBP slide continues after dovish BoE and softer economic data. New Zealand Dollar slides after central bank mentions interest rates moving down.  […]

Cooler U.S. CPI figures dented the dollar in N.Y. trade on Thursday, sending the DXY to lows of 92.55 from near 93.00. EUR-USD ran up to 1.1946 highs from around 1.1880 into the data. USD-JPY bottomed at 109.32 from pre-open highs of 109.73. USD-CAD stayed heavy as oil prices remained high, while cable fell to […]

MUMBAI (May 10): Malaysia’s Datuk Seri Najib Razak is a marked man. With a shock election defeat as prime minister, his top defence against the…

SINGAPORE (May 10): Oil prices clocked up more multi-year highs on Thursday, as traders adjusted to the prospects of renewed U.S. sanctions against major crude…

SHAH ALAM (May 10): Gas Malaysia Bhd will spend about RM180 million to RM190 million on capital expenditure (capex) this year that will mainly be…

HONG KONG (May 10): Hong Kong’s richest man, Li Ka-shing, held his last meeting with shareholders on Thursday and handed to his eldest son the…

KUALA LUMPUR (May 10): Malaysia may renegotiate some deals with China, former prime minister Tun Dr Mahathir Mohamad said on Thursday, just hours after his…