<p>The value of the ringgit is forecast to move around RM4.72 to RM4.73 this week with limited decline as the local currency is technically in an 'oversold' position.</p><p><br /></p><p>According to the Chief Economist of Bank Muamalat Malaysia Bhd, Dr Mohd Afzanizam Abdul Rashid said investors will foc
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GBP/USD Expected to Break Out of the $1.2700 Flat Zone This Week!
<p>As expected, the price movement was flat on the chart of the GBP/USD currency pair over the past week with the price ending the week's trading at the 1.27000 zone.</p><p><br /></p><p>The price movement range of around 120 pips with price fluctuation movement has been influenced by some important data such
Crude Oil Prices Soar Again, Drone Attacks Increase Middle East Conflict
<p>Crude oil prices rose earlier in the week after a missile attack launched by Iran-backed groups killed three US soldiers in Jordan recently.</p><p><br /></p><p>Today, global benchmark Brent traded up 0.57% to $84.03 a barrel and US West Texas Intermediate also rose 0.6% to $78.48 a barrel.</p><p>&l
Latest! First BlackRock BTC ETF To Reach $2 Billion In AUM!
<p>"Wow, it seems that BlackRock's BTC ETF spot gets the warmest response."</p><p><br /></p><p>Unwittingly, the BlackRock iShares Bitcoin ETF (IBIT) last Friday became the first of the recently launched spot Bitcoin (BTC) products to reach $2 billion in assets under management (AUM).</p><p
Polygon Has a Major Upgrade, What Will Change?
<p>"Will this upgrade push the price of MATIC to go higher?"</p><p><br /></p><p>In order to change the structural impact on its chain, Polygon zkEVM is about to implement a new upgrade that allows it to act more connected to the Ethereum (ETH) mainnet and make it easier for developers to build smart con
GOLD Analysis – FOMC Will Determine the Direction of Gold!
<p>Gold traded slightly positive at the early opening of the week with higher prices showing compared to the flat movement at the end of last week.</p><p><br /></p><p>Gold traded between the $2,040 and $2,010 range last week with the decline seen on Wednesday seeing the price slip back below the $2,030 level.<
BTC Outflow Hits $500 Million! What Are The Signs For Crypto Market Players?
<p>As we already know that the crypto market is always dynamic, the latest data shows a significant outflow, especially in Bitcoin, which reached the attention-grabbing amount of $500 million. Of note, Grayscale's big outflow was $2.2 billion last week.</p><p><br /></p><p>Additionally, the report highlighted
Failure to declare property, Tun Daim brought to court
<p>Former Malaysian Finance Minister, Tun Daim Zainuddin was brought to court today on charges of failing to comply with a notice to declare assets including several luxury vehicles, companies and properties around Kuala Lumpur, Selangor, Pahang, Negeri Sembilan, Perak and Kedah.</p><p><br /></p><p>However, he pl
The ECB's Advanced Steps Be Attention! This is the view of the drafters should consider the market
<p>The next move expected by markets by the European Central Bank (ECB) is an interest rate cut, but the latest developments dampened expectations somewhat with policymakers speaking on Monday refusing to say when such a move or trigger would be taken.</p><p><br /></p><p>The ECB kept interest rates at a record hi
Google Makes a U-Turn! Will Crypto Advertising Be Allowed?
<p>The latest buzz in the crypto world is that Google is expected to update its advertising policy to allow certain crypto products to be promoted on its main search engine.</p><p><br /></p><p>The updated guidance is expected to have a major impact on Bitcoin cash-traded funds (ETFs), with the industry predicting