Tag Archives: Technical Analysis

KUALA LUMPUR (Nov 8): The Trans Sabah Gas Pipeline (TSGP) will be funded by a soft loan of RM4.53 billion from the Export and Import…

KUALA LUMPUR (Nov 8): The FBM KLCI closed 6.74 points or 0.4% lower on profit taking and after China announced October export growth slowed to 6.9%…

KUALA LUMPUR (Nov 8): Three men wanted for the killing of Kim Jong Nam were driven to the murder site in a car bought by…

The dollar started the N.Y. session on a firmer footing, though later slipped broadly, on concerns over Trump’s Asian trip, Saudi Arabia’s purge, and the naming of U.S. Commerce Secretary Ross in the so-called Paradise Papers. EUR-USD bottomed at 1.1580 early on, before rallying to 1.1616 highs after the London close. USD-JPY, which had printed […]

OVERVIEW Friday’s mixed employment report and caution over US tax reforms leave the US Dollar marginally weaker. GBP is steady on hopes for progress in Brexit negotiations this week. The Euro is under pressure despite upbeat data and comments from ECB board member Praet.  The markets are off to a very quiet week with no […]

Dollar majors have continued to ply narrow ranges for the most part. EUR-USD side-lined in the low 1.16s. AUD-USD and USD-JPY saw a little more movement. The former lifted in the immediate wake of the RBA policy announcement and statement, with the central bank leaving interest rates unchanged (cash rate at 1.5%) while leaving guidance […]

The dollar has been rally move, showing, as of the late London AM session, a gain of 0.4% versus both the euro and yen, a 0.5% gain in the respective cases against the Australian and Canadian dollars, and a relatively muted 0.2% advance versus the pound. EUR-USD logged a new three-and-a-half month low at 1.1553 […]

OVERVIEW GBP is down 0.4% versus US Dollar. The Euro is higher after reports from some ECB members who wanted an end date for Q.E. CAD is under pressure ahead of BOC’s governor speech. The AUD weakens as RBA signal rates on hold for time being. Oil prices have hit fresh 2-year highs on Saudi […]

KUALA LUMPUR (Nov 7): DAP lawmaker Tony Pua today questioned the Malaysian Anti-Corruption Commission’s (MACC) and its chief commissioner Datuk Dzulkifli Ahmad’s fear in investigating…

KUALA LUMPUR (Nov 7): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon market close today. Three stocks displayed positive momentum while three showed…

KUALA LUMPUR (Nov 7): The FBM KLCI was up 0.17% at the midday break, but its gains remained capped as buying sentiment stayed tepid. At 12.30pm,…

KUALA LUMPUR (Nov 7): Analysts have expressed mixed views on the proposal by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to call and invite…