Tag Archives: Technical Analysis

KUALA LUMPUR (March 2): Maxis Bhd has appointed Robert Nason as interim chief executive officer (CEO) to replace outgoing executive director and CEO Morten Lundal. In…

KUALA LUMPUR (March 2): PPB Group Bhd said Singapore-listed associate Wilmar International Ltd will fuel PPB’s growth in 2018. This is because agribusiness group Wilmar…

KUALA LUMPUR (March 2): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia’s afternoon market close today. All four had negative momentum. The stocks with negative…

KUALA LUMPUR (March 2): Malaysian palm oil futures slumped up to 2.5% on Friday, the sharpest intraday drop in almost three-and-a-half months, after top consumer…

KUALA LUMPUR (March 2): Chemical Co of Malaysia Bhd (CCM) plans to further pare debt by disposing of two non-core assets, namely a parcel of…

KUALA LUMPUR (March 2): A top Republican fundraiser close to US President Donald Trump was in negotiations to earn tens of millions of dollars if…

The dollar and yen have outperformed today, the former following yesterday’s testimony of new Fed Chairman Powell and the latter after the BoJ trimmed purchases of super long JGBs in a regular QQE operation today. EUR-USD fell to a six-week low of 1.2198, Cable logged a four-session low of 1.3858, and USD-CAD rallied to a […]

The yen outperformed on a BoJ taper, while the dollar, outside of USD-JPY, held firm in the wake of the new Fed Chairman Powell’s Congressional testimony yesterday. EUR-USD edged out a 19-day low of 1.2215. USD-JPY, meanwhile, ebbed back to the 107.00 level, giving back gains seen on the back of Powell’s upbeat view of […]

The dollar added to post-Powell gains in N.Y. on Wednesday, taking the DXY to 90.69, a better than one-month high. Treasury yields remained elevated despite a small GDP revision miss, and a softer Chicago PMI. Wall Street started higher, turned negative, then rallied once again. EUR-USD bottomed at .12188, level last seen on January 18. […]

OVERVIEW USD is firmer following the Fed chair’s positive outlook. The Euro is weaker as inflation eases. GBP under pressure from Brexit developments. CAD remains under pressure alongside oil prices.  HIGHLIGHT

The dollar has remained underpinned versus most currencies, bolstering to the USD index (DXY) to a five-week high of 90.74 and pushing EUR-USD to a six-week low of 1.2183. AUD-USD has registered the biggest move in trade so far on the calendar day out of the currencies we track, showing a 0.4% decline, with the […]

(March 1): The biggest problem for airlines is generally that their core business is rotten. Carriers sell a perishable commodity in a fiercely competitive market where…