Tag Archives: Technical Analysis

KUALA LUMPUR (Feb 14): AirAsia Bhd group chief executive officer Tan Sri Tony Fernandes cheered budget airlines’ tailwinds, which include lower crude oil prices and…

KUALA LUMPUR (Feb 14): theedgemarkets.com highlighted three stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and two with negative momentum. Stock with positive momentum was: Nextgreen Global Bhd – unchanged at 38.5…

The dollar has started the week on a softer tack amid an improved risk appetite sentiment and firmer stock markets. The narrow trade-weighted USD index (DXY) is down 0.3%, near the day’s low at 90.08, which is a two-session low. EUR-USD has lifted to the upper 1.22s, logging a peak at 1.2297 after opening in […]

OVERVIEW The US Dollar claws back lost ground on stronger equity markets and risk sentiment shift. The Pound lost ground on the transition of uncertainty. South African Rand spikes higher on rumors that the President has agreed to step down. US DOLLAR

The dollar mostly recovered moderate losses seen in Asia, where conditions were thin today in the absence of Tokyo markets. The narrow trade-weighted USD index (DXY) is presently down 0.2% at 90.24, up from the day’s low at 90.08, which is a two-session low. EUR-USD backed off after logging a high of 1.2297, with the […]

OVERVIEW US Dollar claws back lost ground on stronger equity markets and risk sentiment shift. The Pound lost ground on the transition of uncertainty. South African Rand spikes higher on rumors that the President has agreed to step down. HIGHLIGHT There is no highlight for today’s market analysis. 

The dollar lost some ground overall in N.Y. trade on Monday, leaving the DXY at lows of 90.19, down from early highs at 90.43. The unwinding of safe-haven dollar buying seen amid the equity meltdown last week came undone to a degree. EUR-USD topped at 1.2290 from opening lows of 1.2235. USD-JPY remained above 108.50, […]

KUALA LUMPUR: The Employees Provident Fund (EPF) expects global equity markets to be volatile this year but sees buying opportunities amid the bumpy ride ahead. “Last…

Anxiety around China’s globe-spanning Belt and Road initiative is seeping into the digital economy of at least one country.   (Feb 13): An Alibaba-led digital trade zone…

KUALA LUMPUR (Feb 13): CSC Steel Holdings Bhd rose as much as seven sen or 5% to RM1.58 after the company proposed total dividends at…

SINGAPORE (Feb 13): Great Eastern Holdings reported a 96% increase in FY17 earnings to S$1.16 billion after 4Q earnings more than doubled to S$423.6 million…

KUALA LUMPUR (Feb 13): Wegmans Holdings Bhd aims to raise RM29 million from its initial public offering (IPO) in conjunction with the furniture maker’s planned…