EUR-USD edged out a fresh one-week high of 1.1662 after picking up bids following a dip under 1.1630. The market remains in sell-on-gains mode with regard to the dollar, following news that the Senate is delaying the implementation of its planned corporate tax cut. The debate on Capitol Hill remains ongoing, so market will be […]
OVERVIEW The Pound was boosted by better-than-expected data and Brexit comments. The Canadian Dollar is supported by a rise in oil prices and a weakening of the USD. South African Rand falls to a one-year low as fears mount over the country’s debt. Mexican Peso firms after the central bank signaled it would not cut […]
The dollar remained under some pressure in N.Y. trade on Friday, alowing the DXY to print 12-session lows of 94.26, just above its 20-day moving average of 94.24. Wall Street was heavy as well, though yields held firm. Optimism over tax reform has faded this week, with House and Senate proposals still far away from […]
KUALA LUMPUR (Nov 10): TA Securities Holdings Berhad analyst Paul Yap downgraded the recommendation on Malaysian Pacific Industries Bhd to hold from buy. Yap lowered the…
KUALA LUMPUR (Nov 10): Malaysian Prime Minister Najib Razak laid out his economic plans for next year in what he called the “mother of all…
KUALA LUMPUR (Nov 10): Malaysia is among five “clear-cut winners” of rising prices of crude oil due to Malaysia’s position as a net exporter of…
KUALA LUMPUR (Nov 10): Standard Chartered Bank said Bank Negara Malaysia (BNM) is expected to hike the overnight policy rate (OPR) in January 2018, mainly…
KUALA LUMPUR (Nov 10): Tabung Haji Properties Sdn Bhd (THP) has denied an allegation by a blogger that it had a role in laundering money…
KUALA LUMPUR (Nov 10): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed two with positive momentum and five…
KUALA LUMPUR (Nov 10): Palm oil inventories in Malaysia, the world’s second-largest producer, rose for a fourth consecutive month in October as output hit what…
KUALA LUMPUR (Nov 10): The FBM KLCI dropped 4.53 points or 0.26% today, taking a weak lead from the overnight lower closing on Wall Street…
KUALA LUMPUR (Nov 10): Malaysia Airports Holdings Bhd (MAHB) recorded a 6.9% year-on-year (y-o-y) growth in passenger traffic in October, with combined passenger volume of…