Gold buyers struggle amid a light flow of news in Asia. Increasing odds of stimulus from China, downbeat catalysts from Pacific nations keep buyers hopeful amid broad risk-off. Fears of negative Fed rate, worrisome US economics add to the safe-haven demand. US dollar strength challenges the bullion buyers ahead of the US Jobless Claims. Gold prices […]
KUALA LUMPUR: Ringgit mencatatkan prestasi berbeza daripada kenaikan semalam apabila dibuka rendah berbanding dolar Amerika Syarikat (AS) pagi ini menjelang pengumuman keputusan Kadar Keluaran Dalam Negara Kasar (KDNK) Malaysia bagi suku pertama 2020. Pada 9.05 pagi, unit tempatan disebut pada 4.3350/3450 berbanding dolar AS daripada 4.3270/3370 ketika ditutup pada Selasa. Bank Negara Malaysia (BNM) dijangka
Ringgit dibuka rendah Baca Selanjutnya »
Bitcoin Price Analysis: BTC/USD pushes higher to flirt with 9K once again Bitcoin has pushed over 3.5% higher on Tuesday after Monday’s halving event. The price had been anticipated to shoot higher by some analysts. Although there was no rocketing price the move higher in today’s session has not been too shabby. On a technical
KUALA LUMPUR: Ringgit dibuka rendah sedikit berbanding dolar Amerika Syarikat (AS) apabila dolar yang lebih kukuh mengurangkan minat terhadap mata wang tempatan. Pada 9.05 pagi, unit tempatan berada pada 4.3450/3550 berbanding dolar AS daripada paras penutup 4.3310/3370 pada Jumaat minggu lalu. Pasaran tempatan ditutup semalam sempena cuti umum gantian Hari Nuzul Al-Quran yang jatuh pada
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Gold was seen oscillating in a range through the mid-European session on Monday. The technical set-up favours bulls and supports prospects for an eventual breakout. Gold lacked any firm direction on Monday and seesawed between tepid gains/minor losses through the mid-European session amid a combination of diverging forces. This comes on the back of last week’s
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GBP/USD is trading closer to 1.24 after the BOE left the door open to more support to the economy and as PM Johnson is preparing his announcement on easing the lockdown. The UK is having a day off and US jobs figures are eyed. From a technical perspective, the 1.2420 region might continue to act as an
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The Federal Reserve decelerated its pace of buying, leaving gold bulls short of cash. Eyes turning to the US employment figures after record unemployment claims. Spot gold correcting lower, bearish potential limited in the long run. Gold was unable to sustain gains and finished the week in the red at around 1,680.00 a troy ounce. The
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ETH/BTC had a bullish session following six straight bearish days. BTC/USD is consolidating itself above the $10,000 level. Bitcoin Fear & Greed Index Alternative.me’s Fear & Greed Index has finally moved into the “greed” zone for the first time since February 19, 2020 as it trends around 55. The bulls are busy consolidating their positions pre-halving. It won’t
