Tag Archives: Technical Analysis

This is an update of prior posts on this subject.

The euro, and EUR-JPY in particular, has remain buoyant. EUR-USD edged out a four-day high of 1.1933, while EUR-JPY rallied to a four-month high, at 134.29. The recent run of strong data out of the Eurozone, juxtaposed to uncertainties about the U.S. tax reform bill and Fed tightening projection in 2018, have been keeping EUR-USD […]

The dollar was on a slight upward trajectory in morning N.Y. trade on Friday, though hit the skids hard following the Flynn Russia plea deal, which certainly will keep the White House on its toes. EUR-USD popped to 1.1934 from near 1.1860, after basing at 1.1850 at mid morning, as USD-JPY tanked to 111.41 from […]

KUALA LUMPUR (Dec 1): The Edge weekly in its latest edition reported that between the government’s intervention and Bank Negara Malaysia’s cautionary tone on the…

Sterling continued has extended its ascent into a third day, with Cable punching out a fresh two-month high of 1.3480 and EUR-GBP plumbing a three-week low. Reports continue to point to a deal-in-the-works between the EU and the UK on the final financial settlement, and there is also raised hopes that an agreement will be […]

The dollar has mostly gained ground today after picking up bids during the European AM session. The buck logged an 11-day versus the yen, and recoup lost ground versus the euro and sterling, after seeing a two-month low in the case against the latter during Asian trading. Lower than expected inflation data out of the […]

OVERVIEW Month-end sees volatility kick up a notch. USD under pressure due to Rex Tillerson’s leave. The Euro shrugs off weak inflation data. Australia Dollar is supported by strong economic data. US equity markets hit fresh record highs. HIGHLIGHT

The dollar was pressured in morning trade in N.Y. on Thursday, despite solid incoming U.S. data, and a run to record highs on Wall Street, where better prospects for a Senate passage of the tax reform bill buoyed equity market sentiment. The greenback later recovered some ground, leaving EUR-USD near 1.190 from 1.1931 highs, and […]

KUALA LUMPUR (Nov 30): Malaysia’s Royal Commission of Inquiry (RCI) affirmed that Bank Negara Malaysia (BNM) incurred RM31.5 billion worth of foreign exchange (forex) losses…

KUALA LUMPUR (Nov 30): Hong Leong Financial Group Bhd’s (HLFG) net profit in the first quarter ended Sept 30, 2017 (1QFY18) grew 17.9% year-on-year to…

KUALA LUMPUR (Nov 30): Bank Negara Malaysia warned money services business (MSB) entities against excessive focus on price competition as such emphasis inherently increases the…

KUALA LUMPUR (Nov 30): The FBM KLCI fell 2.52 points or 0.1% after a sharp drop in the last few minutes of trade, weighed down…