Tag Archives: Technical Analysis

KUALA LUMPUR (Dec 15): Sunway Bhd will set up a RM5 billion perpetual Islamic medium term note (IMTN) programme to finance its investment activities, capital…

KUALA LUMPUR (Dec 15): The FBM KLCI came down by as much as 0.76% or 13.35 points today as investors took profit after three days…

KUALA LUMPUR (Dec 15): Bank Negara Malaysia (BNM) deputy governor Abdul Rasheed Ghaffour has likened the price movements of bitcoin to “bubbles” and “financial scams”…

KUALA LUMPUR (Dec 15): Scientex Bhd is buying a 335.5686-acre piece of freehold land in Pulai, Johor for RM284.19 million cash, which it hopes to…

KUALA LUMPUR (Dec 15): REDtone International Bhd has aborted plans to jointly explore business opportunities with PT Sigma Cipta Caraka TelkomSigma to offer managed information…

KUALA LUMPUR (Dec 15): Higher work progress by Gamuda Bhd’s construction division lifted the group’s net profit for the first financial quarter ended Oct 31,…

KUALA LUMPUR (Dec 15): Based on corporate announcements and news flow today, stocks in focus on Monday (Dec 18) may include: Eco World International Bhd,…

            The Fed voted to raise rates an additional 25 basis points.  After noting the economy was growing solidly, the observed: Consequently, the Committee continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and labor market conditions will […]

OVERVIEW GBP is buoyed by average earnings creeping higher. US Dollar trades on the back foot as the inflation rate excluding food and energy came in at 1.7%, against expectations of 1.8%. The Euro remains stable as Merkel tries to put together her government. The Swedish Krone gains helped by a boost in inflation. HIGHLIGHT […]

The dollar dropped early on, as core CPI was cooler than expected. The unit stayed down into the FOMC announcement, and fell after the as-expected 25 basis point Fed rate hike, then quickly headed above levels just prior to the announcement, before dipping again. EUR-USD popped to 1.1796 from 1.1770, then headed to 1.1766 lows […]

The USD index (DXY) fell 0.8% over the last day in logging a eight-day low of 93.34 during Asian trading today. The index has since settled around 92.45. The losses follow yesterday’s cooler than expected CPI data out of the U.S. ,which was followed by an as-expected 25 bp rate hike from the Fed, while […]

The dollar recovered some of the ground it lost following the U.S. CPI miss and in the wake of the Fed’s post-policy meeting statement yesterday. EUR-USD has ebbed into the lower 1.18s. USD-JPY clocked a rebound high of 1.1288 after logging a logging a five-session low of 1.1246 in Tokyo trade. The high is still […]