Confidence In The Thai Baht (THB)

Confidence In The Thai Baht (THB)






A central bank official states that Thailand’s trade competitiveness has not been affected much by a strong baht and they are still confident that exports will grow 5 percent. Travel Recently, several tourists attempting to enter Thailand have been stopped and asked to show THB20,000 (about USD594) at airport immigration checkpoints. As an attempt to prevent the […]






Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years

Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years






Though proceeds raised from Malaysia’s equity capital markets are nearly seven times the level from a year earlier, recent fundraising exercises signal that the market has turned more cautious. Initial public offerings in Malaysia raised a combined $1.7 billion so far this year, based on data from bourse operator Bursa Malaysia. This was up sharply from […]






Japanese Yen (¥) Remains Low & Elusive

Japanese Yen (¥) Remains Low & Elusive






The Japanese yen continues to get hammered by its American counterpart in the European session, as dovish BOJ policy outcome combined as well as Governor Kuroda’s remarks during the press conference, continue to undermine the sentiment around the Yen. Technical Analysis USD/JPY failed earlier to hold above 112.00 and recently turned sharply to the downside after the ECB meeting and particularity following […]






Indonesian Rupiah (IDR) 4.75 pct since October

Indonesian Rupiah (IDR) 4.75 pct since October






Benchmark rate has been 4.75 pct since October. Indonesia’s central bank is widely expected to leave its benchmark rate unchanged again on Thursday as it keeps focusing on two key factors: the inflation rate and U.S. monetary policy. Bank Indonesia (BI) halted an easing cycle in October last year after cutting its benchmark rate <IDCBRR=ECI> six times. Six […]






Malaysian Ringgit (MYR) Rises Gradually

Malaysian Ringgit (MYR) Rises Gradually






Malaysian ringgit rises gradually against U.S. dollar Pair is currently trading around 4.2835. It made intraday high at 4.2840 and low at 4.2780 levels. Intraday bias remains neutral till the time pair holds key resistance at 4.2900 marks. A sustained close above 4.2900 will drag the parity up towards key resistances around 4.3030 and 4.3259 […]






Australian Dollar (A$) Rising Strong Against US Dollar ($)

Australian Dollar (A$) Rising Strong Against US Dollar ($)






On Friday night the Australian dollar broke through US78 cents for the first time in more than two years. The Australian dollar appears Confident to rise to US80¢ soon. The reason for Friday’s surge was that American retail sales fell, against expectations of a rise, and the monthly CPI change was zero. Annual inflation remains mired at […]






Thai Baht (THB) Previous Gains Lost

Thai Baht (THB) Previous Gains Lost






USD/THB is currently trading around 33.64 marks Most Asian currencies edged up on Tuesday as the dollar came under renewed pressure, with the Thai baht hitting its strongest in more than two years and the won climbing to a 1-month high. Uncertainty over the pace of the Federal Reserve’s policy tightening and worries that President […]






Crypto Coin Market is a ‘Time-Bomb’ that is Ticking

Crypto Coin Market is a ‘Time-Bomb’ that is Ticking






Crypto Coin Market is a ‘Time-Bomb’ that is Ticking Entrepreneurs issuing dispensable digital coins to cash in on the hype of Crypto currency are fanning a blockchain assets bubble. Firms have raised $1.3-B this year in digital coin sales, surpassing venture capital funding of blockchain companies and up more than 6X from the total raised […]






Thai Baht (THB) Going Strong With Asia

Thai Baht (THB) Going Strong With Asia






The baht rose to 34.66 to the US dollar at one point Monday, its strongest level since early October. The US dollar has depreciated against all Asian currencies recently, which means Asian currencies have all risen broadly (appreciated) against the US dollar, just as the Thai baht has risen. Technical Analysis Overall, the bias in prices is: Downwards. Short […]






Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold






Russia and China Setting Up to Transact Energy Business in Gold $GLD, $OIL, $USD, $CNY Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions with China using Gold as a means of marginalizing the […]






Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)

Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)






China’s yuan firms on stronger fixing, Q2 GDP data shrugged off China’s yuan, which has firmed against the U.S. dollar the past five sessions, strengthened again on Monday after the central bank lifted its official guidance for the Chinese currency’s midpoint to an 8-1/2 month high. The central parity rate of the Chinese currency renminbi, […]






British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations

British Pound (£) – Brexit Is Improving Britain Despite Negative Allegations






Slightly better than expected wages and jobs data saved Britain’s pound from another downward lurch on Wednesday, offsetting a series of political and economic warning signs as talks on leaving the European Union get going. Amid the resulting falls in the pound, several of the Bank of England’s monetary policy panel members have stepped in […]






Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled

Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled






The purchasing power of major trade partners and production restructuring to keep up with demand are having larger effects on exports than the baht’s movement. Also concerns that the baht’s persistent strength will stall the recovery of exports, which account for more than two-thirds of Thailand’s GDP. The baht has been among the best-performing currencies […]






Malaysian Ringgit (MYR) Indications For Solid Rebound

Malaysian Ringgit (MYR) Indications For Solid Rebound






Malaysian May trade figures continued to indicate towards a solid rebound. Exports in MYR terms rose sharply by 32 percent year-on-year while imports remained firm by rising 30 percent. Malaysia’s trade surplus alleviated slightly but stayed in healthy surplus territory. Elsewhere, the latest FX reserves for June rose slightly to USD 98.9 billion, enough to […]






Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Updated Analysis

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Updated Analysis






Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.31. The projected lower bound is: 33.87. The projected closing price is: 34.09. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there […]






Australian Dollar (A$) Trapped

Australian Dollar (A$) Trapped






Investors had hoped that the Reserve Bank of Australia might have joined other developed-market monetary authorities in suggesting that higher interest rates were coming. In the event it didn’t. Instead it left the Official Cash Rate at its 1.50% record low and gave no hint that any changes were in the wind. In truth it was always […]






Malaysian Ringgit (MYR) Technical Analysis and Facts – George Soros

Malaysian Ringgit (MYR) Technical Analysis and Facts – George Soros






  Technical Analysis Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 4.32. The projected lower bound is: 4.27. The projected closing price is: 4.30. Candlesticks A white body occurred (because prices closed higher […]






(AUDUSD) Australian Dollar Fall Continues – What Happens To The Economy Now?

(AUDUSD) Australian Dollar Fall Continues – What Happens To The Economy Now?






The Australian dollar is down against its US counterpart, back below 76 US cents even though the greenback has also fallen after a round of weaker-than-expected US employment data. At 0635 AEST on Friday, the Australian dollar was worth 75.84 US cents, down from 76.00 US cents on Thursday. Westpac’s Imre Speizer said comments by […]






Japanese Yen (¥) Unmoved By Huge Manufacturer Gains

Japanese Yen (¥) Unmoved By Huge Manufacturer Gains






The Japanese Yen was steady against the US Dollar Monday, despite a survey of big manufacturers which found them more cheerful than they’ve been for more than three years and seemed to underscore the Bank of Japan’s relative economic optimism. The official ‘tankan’ survey for this year’s second quarter showed large manufacturers’ sentiment at 17, its […]






Brexit Effecting The Euro – Theresa May To Remove EU Citizens From UK

Brexit Effecting The Euro – Theresa May To Remove EU Citizens From UK






The exchange rate has showed signs of recovery as it jumped to €1.138 today. It climbed from €1.133 yesterday and sits comfortably above a weekly low of €1.131. The pound has risen after Theresa May attended an EU summit dinner last night in Brussels. Despite the event remaining separate from the formal Brexit negotiations, there was one revelation from […]






Chinese Yuan (CN¥) Winning Streak Over

Chinese Yuan (CN¥) Winning Streak Over






China’s yuan weakened against the US dollar after a softer official fixing on Monday, snapping the currency’s four-day winning streak, while the launch of a bond trading scheme between China and Hong Kong had little impact on the market. The “Bond Connect” programme between China and Hong Kong kicked off on Monday, linking China’s US$9 […]






Bitcoin (cryptocurrencies) Emerges as a New Asset Class 

Bitcoin (cryptocurrencies) Emerges as a New Asset Class 






Bitcoin (cryptocurrencies) Emerges as a New Asset Class $GLD, $USD, $BTC No asset has evolved from concept to storing billions of dollars as fast as Bitcoin. In the 7 years since inception, a robust ecosystem has developed. Retail traders have the infrastructure to drive over $1-B in daily liquidity while professionals can access tailored financial […]






Indonesian Rupiah (IDR) Update

Indonesian Rupiah (IDR) Update






Bank Indonesia Governor Agus Martowardojo expects the Indonesian rupiah to depreciate to the range of IDR 13,400 – IDR 13,700 per US dollar in 2018. This is slightly weaker than the forecast for this year at the range of IDR 13,300 – IDR 13,600 per US dollar. Main reasons why the rupiah is estimated to […]






Thai Baht (THB) Too Strong






Two decades ago, Thailand became ground zero of the Asia financial crisis, when its government scrapped a dollar peg with the baht, a devaluation that unleashed a wave of speculative attacks on other regional currencies and shook the global economy. Now, the baht is again posing challenges for Thailand–but this time because it may be […]






Japanese Yen (¥) Missed Forecast

Japanese Yen (¥) Missed Forecast






Highlights The Yen edged up after supportive inflation, employment data BOJ target inflation gauge rose to the highest in over 2 years Labor-market figures pointing to robust pace of job creation Japanese retail sales missed forecasts for May One bright spot was that the run of annualized gains at least continues The Japanese Yen didn’t […]






Asia’s Strongest Currency – Malaysian Ringgit (MYR)

Asia’s Strongest Currency – Malaysian Ringgit (MYR)






Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 4.32. The projected lower bound is: 4.26. The projected closing price is: 4.29. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there […]






Hong Kong Dollar (HK$) ⇨ US Dollar ($)(HKDUSD) Chinese Economy Pushing Breaking Point

Hong Kong Dollar (HK$) ⇨ US Dollar ($)(HKDUSD) Chinese Economy Pushing Breaking Point






Hong Kong Dollar (HK$) ⇨ US Dollar ($)(HKDUSD) Chinese Economy Pushing Breaking Point HKD peg has been broken from flows of money into HK. Chinese economy pushing breaking point with exodus of funds. Interest rates in HK and CN diverging. A flood of Chinese bankers is changing the social fabric of Hong Kong, as they […]






Brexit Begins – GBP/USD weakens as UK and EU set out opening positions

Brexit Begins – GBP/USD weakens as UK and EU set out opening positions






The start of official Brexit negotiations is keeping the pound on soft form today, with GBP/USD stuck at opening levels of US$1.277. Tenreyro replaces Kristin Forbes, a notable hawk who has voted in favour of raising interest rates for several meetings now, so investors are keen to find clues that will indicate if Tenreyro is […]






Malaysian Ringgit (MYR) Falls Against US Dollar ($)(MYRUSD)

Malaysian Ringgit (MYR) Falls Against US Dollar ($)(MYRUSD)






Foreign investors are still underrepresented in Malaysia’s (EWM) bond and equity markets. With foreign inflows into emerging markets at 2006 peaks and predicted to touch $970 billion this year, Malaysia has immense potential for growth. “Foreign ownership in Malaysia’s equity and bond markets is still relatively low compared to historical levels. Bursa Malaysia’s benchmark index is still 100 […]






Singapore Dollar (SGD) Closes Under The US Dollar ($)(SGDUSD)

Singapore Dollar (SGD) Closes Under The US Dollar ($)(SGDUSD)






The declining crude oil prices has affected the local currency, as crude oil is one of Malaysia’s main exports.  City Developments spiked 2.54 percent, while Golden Agri-Resources jumped 1.37 percent, United Overseas Bank climbed 1.18 percent, SembCorp Industries advanced 0.98 percent, Yangzijiang Shipbuilding perked 0.83 percent, DBS Group collected 0.73 percent, Global Logistic Properties added […]






CN¥ Firmed Against US Dollar – crackdown on illegal sales

CN¥ Firmed Against US Dollar – crackdown on illegal sales






  China’s yuan firmed against the dollar on Monday, supported by a stronger midpoint fix and as data pointed to more balanced supply and demand in the forex market amid Beijing’s tougher crackdown on illegal capital outflows. Traders expect more volatility for the yuan in coming months, however, amid mounting expectations that the greenback could […]






Marijuana Entrepreneurs See Bitcoin as Banking Answer

Marijuana Entrepreneurs See Bitcoin as Banking Answer






Marijuana Entrepreneurs See Bitcoin as Banking Answer Legal marijuana companies are turning to Bitcoin, the world’s most popular digital currency, in an effort to get rid of all its cash, as banks stay on the sidelines. The inability to access traditional financial institutions is 1 of the marijuana industry’s biggest impediments. Legal cannabis was a […]






Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds






Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last  week ended with a new all-time high for the DJIA.  Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary.  Still, I have to be honest […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.89. The projected upper bound is: 6.87. The projected lower bound is: 6.83. The projected closing […]






Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) Highlights + Technical Analysis

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) Highlights + Technical Analysis






Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) Highlights + Technical Analysis Highlights on Hong Kong Beijing’s point man on Hong Kong affairs, Zhang Dejiang, appears to be signalling a harder line on how the city should be governed Agency cites the impact of China’s worsening debt outlook, but Chinese yuan rebounds in Shanghai, […]






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Breaking Down

Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Breaking Down






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Breaking Down Data for the Australian Dollar The main release for the Australian Dollar is April Retail Sales out on Thursday, June 01 at 2.30 BST. Recent lower-than-expected Consumer Confidence data warns of downside risks to retail sales. The market is expecting a rise of 0.3% from […]






Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) GDP Exceeds Expectations

Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) GDP Exceeds Expectations






Hong Kong Dollar (HK$) ⇨ US Dollar ($) (HKDUSD) GDP Exceeds Expectations Hong Kong’s economy grew by 0.7% quarter/quarter in Q1, beating the median forecast of analysts. It grew by 4.3% year/year, also above expectations. Hong Kong’s economy grew faster than expected in the first three months of 2017, with GDP expanding by 0.7% quarter/quarter, […]






BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker

BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker






BREXIT – Euro (€) – Inside The Secret Meeting Between Leaders Donald Trump, Donald Tusk, and Jean-Claude Juncker   Donald Trump, Donald Tusk, and Jean-Claude Juncker’s Meeting President Donald Trump might have once supported the British decision to leave the European Union, but he is now seemingly worried about the impact of Brexit for U.S. […]






Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Weak Against US Counterpart

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Weak Against US Counterpart






Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Weak Against US Counterpart Australian dollar is sharply lower against its US counterpart as the oil price plunges five per cent and the US dollar rebounds. At 0635 AEST on Friday, the Australian dollar was worth 74.53 US cents, down from 74.91 US cents on Thursday. Westpac’s Imre […]






Japanese Yen (¥) ⇨ US Dollar ($)(JPYUSD) Japanese Inflation To Come

Japanese Yen (¥) ⇨ US Dollar ($)(JPYUSD) Japanese Inflation To Come






Japanese Yen (¥) ⇨ US Dollar ($)(JPYUSD) Japanese Inflation To Come Yen Edges Lower as US Jobless Claims Beat Expectations, Japanese Inflation  Next USD/JPY has posted slight gains in the Thursday session. In North American trade, the pair is trading just below the 112 level. On the release front, US unemployment claims edged up to […]






A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard.

A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard.






A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard. $GLD, $ABX, $SLW, $EXCFF You may recall that in December 2016 the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council (WGC) announced a new “Shari’ah Standard on Gold.” The new Gold standard was celebrated as a […]






Indonesian Rupiah (IDR) ⇨ US Dollar ($)(IDRUSD) Latest Update

Indonesian Rupiah (IDR) ⇨ US Dollar ($)(IDRUSD) Latest Update






Indonesian Rupiah (IDR) ⇨ US Dollar ($)(IDRUSD) Latest Update Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 13,325.84. The projected upper bound is: 13,345.64. The projected lower bound is: 13,240.44. The projected closing price is: 13,293.04. […]






Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Latest Technical Update

Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Latest Technical Update






Australian Dollar (A$) ⇨ US Dollar ($)(AUDUSD) Latest Technical Update Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 0.75. The projected lower bound is: 0.73. The projected closing price is: 0.74. Candlesticks A black body occurred (because prices closed lower than […]






Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update






Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update   Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 34.60. The projected upper bound is: 34.28. The projected lower bound is: 33.75. The projected closing price is: […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($)(MYRUSD) Latest Update

Malaysian Ringgit (MYR) ⇨ US Dollar ($)(MYRUSD) Latest Update






Malaysian Ringgit (MYR) ⇨ US Dollar ($)(MYRUSD) Latest Update Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 4.35. The projected upper bound is: 4.29. The projected lower bound is: 4.24. The projected closing price is: 4.26. […]






BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May

BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May






BREXIT – British Pound (£) ⇨ US Dollar ($)(GBPUSD) – Trump, Macron and Theresa May TRUMP’s Opinion EU’s Donald Tusk says Trump agrees Brexit is ‘an incident not a trend’. The president of the European council, Donald Tusk, has claimed he convinced Donald Trump that Brexit is an “incident not a trend” and that the […]






BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester

BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester






BREXIT – Euro (€) ⇨ US Dollar ($) (EURUSD) – Manchester Europe and Brexit Europe was predicted to be in a position of uncertainty should Britain leave the EU, with other countries at risk of following them. However, the recent election in France assuaged a lot of global fears around this. Had right-wing candidate Marine […]






Euro (€) ⇨ US Dollar ($) (EURUSD) Brexit Adopting Currencies

Euro (€) ⇨ US Dollar ($) (EURUSD) Brexit Adopting Currencies






Euro (€) ⇨ US Dollar ($) (EURUSD) Brexit Adopting Currencies The European Commission aims to make adopting the euro more attractive to European Union members currently outside the currency bloc. European Union states except Britain and Denmark are obliged to adopt the euro but there is no deadline set for ditching their own currencies. Moscovici […]






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High

The Bitcoin Bonanza, the Cryptocurrency Marks a Record High






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High $GLD, $BTCUSD $100’s worth of Bitcoins 7 years ago are now valued at nearly $80-M Bitcoin has more than 2X’d this year compared against the USD, reaching a record high of $2,190.45/each Monday, the 7-year anni of Bitcoin Pizza Day. The Day commemorates the time a […]






Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst

Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst






Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 1.40. The projected lower bound is: 1.38. The projected closing price is: 1.39. Candlesticks A white body occurred (because prices closed higher […]






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade

Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade S&P Global Ratings raised Indonesia’s sovereign rating to an investment grade. The rating was revised to BBB- from BB+ with a stable outlook. After the revision, Indonesia has now acquired an investment grade rating from all the three major rating agencies. The […]






Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)

Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)






Britain Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD) Bullish on GBP once Brexit starts? GBP/CAD, GBP/NZD have been trading higher. Bearish on GBP once Brexit starts? EUR/GBP, GBP/CHF, GBP/JPY are your go-to options. Britain will walk out of Brexit talks unless Brussels drops its demand to charge €100bn (£86bn) […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This is bearish, […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves Credit Suisse has cut its forecast for the Chinese yuan as Beijing sharpens its focus on currency stability. The bank cut its 3-month forecasts for the yuan against the U.S. dollar (USDCNY) to 6.88 compared to its previous forecast of 6.98, and […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This […]






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Japanese Yen Climbs as Global Markets are In Risk-Off Mode

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Japanese Yen Climbs as Global Markets are In Risk-Off Mode






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) The Japanese yen is climbing. The currency was up by 0.7% at 112.37 per dollar as of 7:56 a.m. ET. Global markets are in risk-off mode, with the yen, gold, and US Treasury’s rallying. Betting on yen appreciation is popular during periods of heightened uncertainty. Treasury’s, considered […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update Open 4.3150 High 4.3210 Low 4.3100 Close 4.3210 Change 0.0010 (0.02%) Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 4.38. The projected upper bound is: […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls China’s yuan firmed against the U.S. dollar on Wednesday after the central bank fixed its daily midpoint at the strongest level in three months, but the renminbi slid to new lows against currencies in a trade-weighted basket. official midpoint CNY=PBOC at 6.8635 per dollar prior to […]






Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain

Euro (€) ⇨ US Dollar ($) (EURUSD)  BREXIT TALKS – Donald Tusk Defending Britain






Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain Highlights EUR/USD has charged to a six-month high, but its drive higher doesn’t seem to carry clear fundamental lines Risk trends continue to inch higher with limited conviction and problem for those looking to play a trend Top event risk will […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News     Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A black body occurred (because prices closed […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently China’s yuan edged up against the U.S. dollar on Tuesday after the central bank set guidance at its strongest in three weeks, but traders said corporate demand for the greenback could pressure the Chinese currency in the […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A big black candle occurred. This is bearish, […]






Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk

Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk






Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk Wolfgang Münchau, thinks the EU miscalculated the mood of the British people when it offered David Cameron a rum deal before the Brexit campaign began in earnest and it should learn from that error and be sure not to repeat […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low The Singapore dollar traded on Wednesday (May 3) at S$1 to 3.0933 Malaysian ringgit — the lowest the exchange rate has been since the start of the year. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices […]






Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact

Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact






Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact Emmanuel Macron will take power as French president on Sunday and immediately face the twin challenges of European Union reform and loosening strict labour laws in France. It is traditional for French leaders to make Berlin their first European trip. The pro-European centrist Macron wants […]






SPDR Gold Trust (ETF) (NYSEARCA:GLD)

SPDR Gold Trust (ETF) (NYSEARCA:GLD)






SPDR Gold Trust (ETF) (NYSEARCA:GLD) Highlights Investment advisers have suggested that investors keep gold in their portfolios to cushion the impact of global economic and social volatility. Gold for June GCM7, +0.29%  rose by $3.50, or 0.3%, to settle at $1,227.70 an ounce. It finished the week less than 0.1% higher after posting losses over […]






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