Tag Archives: Technical Analysis

BUENOA AIRES (Feb 2): Companies to drill 10 horizontal wells in third and last phase of pilot in La Amarga Chica, an area of the…

NEW YORK/TOKYO (Feb 2): Asian shares are poised to decline after American technology shares slid and Treasuries continued to selloff. The dollar resumed its slide…

KUALA LUMPUR (Feb 2): The FBM KLCI fell after opening higher today as overnight US equity losses and higher US bond yields hurt Asian share…

KUALA LUMPUR (Feb 2): Fitch Ratings plans to withdraw ratings on Genting Singapore Plc in early March 2018 due to commercial reasons. In a statement yesterday,…

SHANGHAI/BEIJING (Feb 2): British Prime Minister Theresa May landed in China earlier this week fending off questions about her future amid mounting accusations of poor…

KUALA LUMPUR (Feb 2): The Nikkei Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 50.5 in January 2018 from 49.9 in December 2017, helped by…

KUALA LUMPUR (Feb 2): Malaysia Building Society Bhd (MBSB) shares rose as much as eight sen or 7% to RM1.25 after the financial services provider…

(Feb 2): China’s continent-spanning network of infrastructure investments — known as the Belt and Road Initiative — keeps expanding. So do the legal risks. Multi-jurisdictional dealings…

NEW YORK (Feb 2): Blackstone Group LP President Tony James said on Thursday the future of the Thomson Reuters Financial and Risk business is in…

OVERVIEW GBP weakens as the EU says no to special financial services deal. EUR supported by stronger core inflation data. ADP reports 234k jobs were added in the private sector last month. UK consumer confidence rises unexpectedly, outlook still soft. AUD slips after inflation weaker than forecast. BoJ signals no immediate end to stimulus. HIGHLIGHT

The dollar rebounded during the London AM session after coming under pressure during in Asia, with the looming Fed announcement serving to inspire position trimming, quelling trend following. The USD index (DXY) recovered to 88.98 after logging a three-session low at 88.82. The index was still showing a net 0.3% decline on the day. EUR-USD […]

The dollar has been trading with a heavy bias amid a backdrop of mostly firming stock markets in Asia, though has remained well off recent trend lows. EUR-USD logged a three-session high at 1.2450, and USD-JPY ebbed to an intraday low of 108.62 after peaking at 109.09 in the Tokyo session. Dovish remarks came from […]