MYR/TWD Exchange rate
Editors’ Picks
EUR/USD stays strongly bid above 1.0400 after EU data
EUR/USD stays well bid abpve 1.0400 in the European session on Thursday. The pair benefits from risk-on sentiment-led unabated US Dollar selling as traders anticipate Russia-Ukraine peae talks. Focus shifts to US data as dismal Eurozone industrial data fail to deter buyers.
GBP/USD holds gains near 1.2500 after UK GDP data
GBP/USD sustains bullish momentum and trades near 1.2500 in the European session on Thursday. Pound Sterling benefits from the improving risk mood and the upbeat UK data, which showed that the economy expanded at an annual rate of 1.4% in Q4, surpassing the market expectation of 1.1%.
Gold picks up ascent despite risks residing in the background
Gold’s price soars again and resumes its rally near $2,920 at the time of writing on Thursday, with Bullion traders shrugging off the United States (US) Consumer Price Index (CPI) data for January released on Wednesday.
Bitcoin retail traders remain fearful, here’s why BTC could test all-time high
Bitcoin retail traders and small wallet holders reduce their holdings amidst fear of a steeper correction in the largest cryptocurrency by market capitalization. BTC price consolidates below the $100,000 level on Thursday, erasing less than 2% of its value on the day.
Lacklustre UK growth a fresh headache for the Treasury
Fourth-quarter UK GDP wasn't as bad as it could have been, though the details weren't great. The combination of weaker growth and higher market rates has likely eroded the already-limited fiscal 'headroom' granted to Chancellor Rachel Reeves.