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Malaysian Ringgit Outlook: Has It Turned a Corner?

The Malaysian ringgit has been one of Asia’s worst performing currencies for some time. Between May-2013 and September-2015 the exchange rate for MYR/USD declined from highs at 0.338 to 0.223 – a 34% fall in the currency’s value. Markets gave the ringgit some respite between October-15 and April-16, a period in which the ringgit clawed... View article >
Posted on 29 April 2017 | 6:00 am GMT
Author: Joel Wright

Euro Surges on Macron result

The Euro has surged in early Asian trading to five-month highs against the U.S. dollar as centrist Emmanuel Macron emerged winning the first round presidential election result. The National Front’s Marine Le Pen was predicted to also reach the second round of voting. EUR/USD 1 Week Chart The result was seen as positive for the... View article >
Posted on 24 April 2017 | 12:31 am GMT
Author: BER Research
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