Blogs

The Ringgit Slipped a Little, What's the Reason?

Forex

<p>&nbsp;This morning, the Malaysian Ringgit (RM) currency opened lower compared to yesterday's closing at 4.6229 due to the drop in global crude oil prices and lack of demand in the market even though the US dollar currency is in a weakening phase.</p><p><br /></p><p>In addition, the market is now also

What will happen to gold in the last week of 2023?

Forex

<p>&nbsp;The price of gold is seen to be comfortable at around $2,060 in the opening session of Asian trading early this morning. In this last week of 2023, the market moves quite slowly and has less impact on price movements. However, gold prices traded at $2,066, down 0.09% compared to yesterday.</p><p><br /></p>

EUR/USD Analysis – Euro 4 Month High Against USD

Forex

<p>&nbsp;Despite the slow price movement pattern, the EUR/USD currency pair chart on Tuesday's trade yesterday managed to record the latest 4-month high.</p><p><br /></p><p>The euro managed to maintain its strengthening against the US dollar which is moving under pressure driven by the impact of the econ

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