Tag Archives: Technical Analysis

(March 28): The Trump administration is considering a crackdown on Chinese investments in technologies which the U.S. deems sensitive by invoking a law reserved for…

KUALA LUMPUR (March 28): The Dewan Rakyat today passed the motion on the redelineation of electoral boundaries, with 129 parliamentarians voting in favour and 80…

KUALA LUMPUR (March 28): Property developer S P Setia Bhd has been hit with a tax bill for a second time in less than four…

OVERVIEW US Dollar is weaker across the board. British Pound is broadly higher based on improved risk appetite. Trade fears ease after comments from U.S. Treasury Secretary and Chinese Premier. HIGHLIGHT The US Dollar index has fallen around 0.5% to a 5-week low as trade tensions were eased by comments from US Treasury Secretary Steve Mnuchin, […]

The DXY fell to levels last seen on February 19, dropping to 89.02, after opening at 89.32. Despite a Wall Street raly, as trade tensions eased, and higher Treasury yields,. the dollar got no support. Bigger picture, trade issues will most likely remain, and the U.S. fiscal position is seen deteriorating further. As a result, […]

The yen posted fresh lows today, losing ground for a second straight day amid a backdrop of reviving risk appetite and associated gains in global stock markets. USD-JPY clocked a three-session high of 105.75 in Tokyo, about a 35 pip gain on the New York closing levels, putting in some further distance from the 16-month […]

The dollar has posted a decent rebound after posting fresh lows versus the euro and other currencies. The narrow trade-weighted USD index (DXY) is showing a gain of 0.3% presently, at 89.29, retracing about two thirds of the decline seen over the last day, which earlier left a six-week low at 88.94.

GEORGE TOWN (March 27): The High Court was today told that Citibank Bhd approved a RM2.1 million housing loan to Penang Chief Minister Lim Guan…

BENGALURU (March 27): Asian currencies rose on Tuesday as reports of talks between the United States and China soothed investor concerns about a trade war,…

ZURICH (March 27): GlaxoSmithKline said on Tuesday that it will buy Novartis’s 36.5% stake in their consumer healthcare joint venture for US$13 billion in cash,…

TAMPIN (March 27): Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi today dismissed claims by the political opposition that the government was bankrupt. He said…

KUALA LUMPUR (March 27): The FBM KLCI closed 2.54 points or 0.1% higher with Asian shares on positive market sentiment following news that a China-US…