Tag Archives: Technical Analysis

KUALA LUMPUR (March 22): Petroliam Nasional Bhd (Petronas) has come out to deny the claim that it paid over US$2 million to data firm Cambridge…

KUALA LUMPUR (March 22): Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi today proposed that the minimum wage of Malaysian skilled workers be set…

KUALA LUMPUR (March 22): Malaysian Prime Minister Datuk Seri Najib Razak’s government will on Wednesday seek parliamentary approval to redraw electoral boundaries, a move critics…

KUALA LUMPUR (March 22): The FBM KLCI gained 11.07 points or 0.6%, mainly on Hong Leong Bank Bhd and Malayan Banking Bhd’s (Maybank) 11th-hour share…

KUALA LUMPUR (March 22): Khazanah Nasional Bhd is acquiring Petroliam Nasional Bhd’s (Petronas) 100% interest in Prince Court Medical Centre Sdn Bhd (PCMC) at a…

The dollar has traded firmer so far today. EUR-USD dipped to the low 1.2300s, aided lower by a sub-forecast German ZEW survey. USD-JPY lifted to a three-session high of 106.86, Bloomberg reported a Japanese MoF official complaining that recent yen movements have been too volatile and trading too strongly. Japanese data today included the March […]

OVERVIEW Sterling holds its ground despite slowing inflation data. The Euro dips as the ZEW economic sentiment survey plunges. The RBA minutes point to the low-interest rates boosting employment. The US Dollar remains quiet ahead of tomorrow’s FOMC rate decision. HIGHLIGHT We have seen Sterling’s rally consolidate above the psychological 1.40 level against the US […]

The dollar moved higher in N.Y. trade on Tuesday, with buyers stepping inahead of what will almost surely be a 25 basis point Fed rate hike on Wednesday. The DXY topped at 90.40, a near three-week high, and closed above its 50-day moving average, which stands at 89.95. EUR-USD opened the session near 1.2310, and […]

The dollar majors have plied narrow ranges to far today. EUR-USD lifted to the north of 1.2250 after logging a three-week low yesterday at 1.2239, which capped a recent down move driven by a widening in the U.S. Treasury over Bund yield spread. USD-JPY has settled to a consolidation with a modest downward drift after […]

The dollar has traded softer into the Fed’s policy announcement. Cable led the way, with the pair gaining about 0.5% following an unexpected dip in the UK unemployment rate and better-than-forecast rise in average household incomes. The pair logged a two-day high at 1.4075. EUR-USD, meanwhile, lifted to the upper 1.2200s, putting in some distance […]

SHANGHAI (March 21): Chinese carmaker Geely Automobile Holdings Ltd, whose chairman recently took a $9 billion stake in Germany’s Daimler AG, said on Wednesday its…

KUALA LUMPUR (March 21): Information relating to 1Malaysia Development Bhd (1MDB) that has not been verified by the authorities are considered fake information, according to…