USD/MYR Exchange rate
Editors’ Picks
EUR/USD recaptures 1.10 as dollar suffers a fresh sell-off
EUR/USD is trading above 1.10, recapturing the level as the dollar retreats. After a three-day rally, stocks are cooling but the safe-haven dollar is still under pressure. Coronavirus headlines are eyed.
GBP/USD extends rally above 1.23 amid USD weakness
GBP/USD is trading above 1.23, some 900 pips off the lows amid dollar weakness. UK coronavirus cases are rising at a growing pace and Brexit talks have been put on ice.
Cryptocurrencies: Bulls honing their antlers for an upward attempt ahead
The sense of extreme fear is divergent with the levels of the mathematical averages. Bitcoin dominance ratio moves at a structural pivot level and can lead to a trend change. XRP is the winner of the day, but far away from fleeing out of the bearish scenario.
Gold trades with modest losses below $1620 level, downside seems limited
Gold edged lower through the early European session and is currently placed near the lower end of its daily trading range, just below $1620 level. Concerns over an imminent global recession might help limit losses.
US Jobless Claims Analysis: 3 M is only the beginning, 3 reasons why USD may rise
Unemployment is engulfing the US – weekly jobless claims jumped to 3.283 million, an increase of 1,053%. The four-week moving average is near one million, also surpassing the worst since the Great Financial Crisis.