KUALA LUMPUR: The ringgit opened weaker against the US dollar on Tuesday as the greenback regained strength, supported by a rebound in the US Dollar Index (DXY) from recent declines. At 8 am, the ringgit traded at 4.4590/4700 against the US dollar, softening from Monday’s close of 4.4495/4570. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the market had responded positively to news of hedge fund manager Scott Be...
$USD/JPY (USDJPY.FX)$$EUR/USD (EURUSD.FX)$$GBP/USD (GBPUSD.FX)$$Bitcoin (BTC.CC)$no.1 rule, never stay too long in one trade in Forex/Crypto. as it hits your target, gather your bloody self (discipline/self-control) and get out with your near or set target with profit, as price movement in such assets are very volatile leading to margin calls. no.2 rule, go with the trend plus applying technical analysis (if you do not know TA yet, pls go learn it first) while trying to buy low, sell high or short ...
最和气
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GBP/USD, EURUSD strengthened due to the weakening of the US dollar index Similarly, the US dollar, the Swiss franc and the US dollar and yen weakened due to the weakening of the US dollar index
$CityDev (C09.SG)$ The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed on Thursday, with the British pound jumping to a four-month high against the U.S. dollar after the announcement. Gross domestic product came in above the 0.2% monthly expansion forecast by a Reuters poll of economists. The British economy exited a shallow recession in the first quarter of the year, then flatlined in April. The nation’s dominant services sector showed c...
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This is good news for city dev with businesses in UK. Sterling is up.
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547688699 : The Ringgit will be strong.