Ringgit poised for further gains

OANDA Head of Trading for the Asia Pacific, Stephen Innes, anticipated the ringgit to maintain a gradual pace of appreciations next week, given the stronger comprehensive global growth outlook. “We should expect a test of…

Silver Technical Analysis

Silver Technical Analysis. Silver, often known as the poor man’s gold has become a boring metal with little movements. In the past five years, the price of an ounce of silver has ranged between a…

Dollar Demise ?

he S&P/ASX 200 index declined 11 points, or 0.2 per cent, to 6043 while the All Ordinaries lost 10 points, or 0.2 per cent, to 6158. The Australian dollar was at US80.72¢ after US officials’…

Dollar in the Dumps

US Commerce Secretary Wilbur Ross defended those tariffs and warned Washington would be prepared to fight back in future against countries it felt had flouted the rules. The dollar’s sell-off was also helped by investors…