Friday 19 February 2016

Ringgit drives decreases in Asia as oil directs money's moves

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1. Oil costs keep on managing moves in the Malaysian ringgit, which dropped the most in Asia in the wake of energizing on Thursday on an assention by Russia and Saudi Arabia to stop yield to shore up costs.

 2. South Korea's national bank and the fund service said on Friday they will take all measures fundamental against extreme developments in dollar-won exchanging, which they feel has been strengthening. "The Bank of Korea and the administration feel that late developments in the dollar-won conversion standard have been unnecessary and are worried that group conduct in the business sector has been strengthening,"

3. China's national bank will infuse 10 billion yuan (S$2.15 billion)into the currency markets through seven-day reverse security repurchase concurrences on Friday, merchants said. This will bring the aggregate net channel from the business sector this week to 455 billion yuan, the most in three years. This figure does exclude last Sunday's infusion.

Todays Signal For EUR/USD

From  GMT+ 5:30   09:39
Till      GMT+ 5:30  13:39

               Sell

Sell at                  1.113
Take Profit at       1.1102
Stop loss at          1.1078

                             Top Gainers

Current Bar Current Last Change(Pips) Change(%)
NZDJPY 74.86 74.55 31 0.41%
CADJPY 82.17 81.85 32 0.39%
AUDJPY 80.4 80.09 31 0.39%
GBPJPY 162 161.4 60 0.37%
CHFJPY 114 113.7 30 0.26%
EURJPY 125.72 125.4 32 0.25%
USDJPY 113.03 112.76 27 0.24%
NZDUSD 0.6623 0.6611 12 0.18%
NZDCHF 0.6566 0.6555 11 0.17%
USDCAD 1.3753 1.3774 -21 -0.15%
EURNZD 1.6789 1.6814 -25 -0.15%
CADCHF 0.7207 0.7197 10 0.14%
GBPUSD 1.4332 1.4313 19 0.13%
EURCAD 1.5297 1.5317 -20 -0.13%
AUDCHF 0.7051 0.7042 9 0.13%
AUDUSD 0.7112 0.7103 9 0.13%


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