“What Makes a ‘Safe’ Currency? A nation’s currency is issued by its central bank and a central bank is structured like any other bank– it has assets and liabilities. On the asset side of the balance sheet are things like government bonds and gold….Its liabilities include the nation’s money supply, technically known as central bank

US DOLLAR, MALAYSIAN RINGGIT, USD/MYR, BANK OF MALAYSIA, CORONAVIRUS – TALKING POINTS Malaysian Ringgit eyes Bank of Malaysia rate cut amid global growth risks US Dollar may rise on haven demand if sentiment sours on coronavirus news USD/MYR uptrend is held intact by key rising support, eyeing EEM as well MALAYSIAN RINGGIT EYES BANK NEGARA

Expectations for the Federal Reserve to cut interest rates have pushed US yields lower and the greenback dropped sharply. EUR-USD is benefiting from this USD weakness. However, this may come back to hit the pair, in the opinion of Yohay Elam from FXStreet. Key quotes “Christine Lagarde, president of the ECB, has been reluctant to

Reuters conveyed the key US bank lobby economist’s blog post while stating that the investors battered by the breathtaking drop in global stock markets on coronavirus fears are ever more convinced the world’s big central banks, including the Federal Reserve, will soon step in to try to quell the storm. Key quotes Against that, the