Tag Archives: Technical Analysis

KUALA LUMPUR (April 11): Bank Negara Malaysia (BNM) will introduce minimum standards for the nascent but growing area of mobile payments in the coming months,…

OVERVIEW US Dollar softer as trade tensions remain front and center. German exports plunge as global trade concerns rise. British Pound is supported by house price data and rate hike bets. Canadian Dollar firms on NAFTA optimism. Turkish Lira falls to fresh record lows.   HIGHLIGHT

The dollar has been trading neutrally versus its main counterparts. EUR-USD has been plying a narrow path around the 1.2270 mark, consolidating Friday’s post-U.S. jobs report gains, which lifted the pair from the low 1.2200s. USD-JPY has been steady, holding near 107.00. Risk sentiment improved as the Asia session progressed, despite the ratchetting-up in geopolitical […]

The yen underperformed for a second day, while the dollar bloc currencies outperformed after China’s President Xi struck a conciliatory tone, pledging a more open economy and lower tariffs for automobile imports, at his keynote speech before the Boao Forum today. This aided stock markets higher in Asia and Europe, while S&P 500 futures were […]

Yen weakness has been the main show in town, with the biggest mover having been the global stock market correlating AUD-JPY cross, which is showing a 0.9% gain as the London interbank market takes to its collective desk. USD-JPY is showing a 0.4% advance, earlier posting a two-session high at 107.24. Chinese President Xi’s keynote […]

The dollar weakened overall into the N.Y. open on Monday, seeing the DXY slip to a low of 89.82 in afternoon trade. The FX market was largely quiet however, with narrow trading ranges seen in the major dollar pairings. Wall Street surged higher on eased trade tensions, as Trump economic advisor Kudlow sounded optimistic. Traders […]

OVERVIEW Global stock markets are in the green as trade disputes are quashed by Chinese President. US PP advances 0.3% in March, fuelling expectations that the economy is ripe for more than three rate hikes. Risk-on trades driving commodity currency higher against the USD. HIGHLIGHT

KUALA LUMPUR (April 10): The Malaysia Competition Commission (MyCC) has reiterated its commitment to continue monitoring developments in the local ride-hailing market, after Grab took…

KUALA LUMPUR (April 10): The FBM KLCI jumped 11.27 points or 0.6% after China President Xi Jinping struck a conciliatory tone in his speech today,…

KUALA LUMPUR (April 10): The Edge Media Group said it will give all employees who are registered voters, the day off to vote during Malaysia’s…

(April 10): Chinese President Xi Jinping reiterated pledges to open sectors from banking to auto manufacturing in a speech that also warned against returning to…

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) KUALA LUMPUR (April 10)(Reuters Breakingviews): Najib Razak has an opportunity to reinvent himself….