Tag Archives: Technical Analysis

KUALA LUMPUR (Feb 24): The Edge weekly in its latest edition reported that investment guru Jim Rogers implied that commodities and equities have an inverse…

OVERVIEW USD struggles to hold onto overnight gains following FOMC minutes. EUR broadly higher despite weaker Ifo and slightly dovish ECB minutes. GBP is mixed with economic growth data revised down. CAD weaker after retail sales decline. MXN rises as CPI cools, easing pressure on incomes.  HIGHLIGHT

The dollar came off the boil during the London AM session after posting fresh gains in Asia. USD-JPY was an exception, having dipped quite sharply at the Tokyo fixing (on netted out corporate demand for yen), posting a low at 107.15, before recouping. EUR-USD recouped toward 1.2300. A miss in the February German Ifo business […]

The dollar has continued to mostly trade firmer, this time amid a backdrop of fresh equity market declines on Wall Street and in Asia (which the exception of Chinese markets, which have been playing catch-up following the prolonged Lunar New Year break). This followed minutes of the FOMC meeting, where bullets about upside risk to […]

The dollar moved off of its eight session hi in N.Y. trade on Thursday, leaving the DXY at 89.64 lows, down from 90.23 overnight highs. Incoming data was better than expected, as jobless claims fell, and leading indicators were better than forecast. There was little FX reaction however. Risk appetite picked up, with Wall Street […]

SAN FRANCISCO (Feb 23): Home-booking company Airbnb has sparred with regulators across the globe, but Chief Executive Brian Chesky on Thursday spoke of coming to…

KUALA LUMPUR (Feb 23): Shares in Public Bank Bhd jumped 32 sen this morning to scale another record high of RM22.60, as its margin expansion…

KUALA LUMPUR (Feb 23): AirAsia Bhd’s digital wallet provider BigPay is going to be a huge Asean fintech, said the airline’s group chief executive officer…

KUALA LUMPUR (Feb 23): Top Glove Corp Bhd, which is trading at a price-earnings ratio of 34.15 times, rose to its all-time high earlier this…

KUALA LUMPUR (Feb 23): South Korean conglomerate SK Group is in talks with Malaysian state energy firm Petronas for potential joint ventures in petrochemical and…

YOKOHAMA (Feb 23): Facing a future in which self-driving cars may curb vehicle ownership, Nissan Motor Co is taking its first steps to becoming an operator…

KUALA LUMPUR (Feb 23): theedgemarkets.com highlighted 8 stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed 3 with positive momentum and 5…