<p> This morning, the Malaysian Ringgit (RM) opened higher against the US dollar following the latest economic data in the United States strengthening investors' hopes for a reduction in US interest rates next year.</p><p><br /></p><p>At exactly 9am this morning, the ringgit was seen at the level of
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Price Gains Stall, GBP/USD Plunges Back 100 Pips!
<p> The price chart of the GBP/USD currency pair saw a daily plunge of around 100 pips on Thursday yesterday after the price managed to reach a new 4-month high.</p><p><br /></p><p>The recovery of the US dollar yesterday has changed the previous price movement pattern that saw the depreciation of the cur
Why Did Donald Trump's Wallet Transfer $2.4 Million Of This Crypto To Coinbase?
<p> "It's not normal, Trump made a lot of money after months of collecting NFT royalties."</p><p><br /></p><p>A wallet linked to former United States (US) President Donald Trump appears to have moved more than 1,075 Ethereum (ETH) worth $2.4 million to cryptocurrency exchange Coinbase in t
Bursa Malaysia Moves Positive Towards 2024
<p> This morning, Bursa Malaysia opened higher on the last trading day of 2023 due to ongoing account stabilization activities and predictions of an early interest rate cut in the United States (US) in March next year.</p><p><br /></p><p>At exactly 9.05am, the FTSE Bursa Malaysia (FBM KLCI) rose by 0.47
GOLD Analysis – Danger if Gold Falls Below the $2,070 Level!
<p> The bright rays of gold that shined this week were slightly dimmed by the depreciation that occurred in Thursday's trading yesterday.</p><p><br /></p><p>The price of gold has managed to reach a 3-week high but is starting to show a decline and is warning of a change in price direction at the clo
Bad! India Wants To Block These 9 Crypto Exchanges Including Binance!
<p> "That's why it's hard to register, then it's going to start blocking operations."</p><p><br /></p><p>Recently the entire cryptocurrency market was shocked by the news of India's Financial Intelligence Unit (FIU) seeking to ban nine digital asset exchanges including Binan
Banks In Malaysia Help Flood Victims, Ease Financial Burden
<p> Recently, banks in Malaysia are offering assistance aimed at easing the financial burden on customers affected by the flood disaster in several states.</p><p><br /></p><p>OCBC Bank Malaysia Bhd, along with its Islamic banking subsidiary, OCBC Al-Amin Bank Bhd, is asking all affected customers, whethe
Whales Want to Run Away? SHIB Community Surprised by 2 News Today!
<p> Shiba Inu, often known as Dogecoin's main competitor, once again created speculation in the crypto market on Friday, as the token recorded a significant whale activity recently. Most attention-grabbing is the transfer activity that took place today and this happened during the drop in price recorded by the token.</p>&l
Historical Trends Signal The 'Bull' Cycle Will Be Prolonged? This is the Analyst's View
<p> Bitcoin historical chart patterns and trends show that Bitcoin has a four-year cycle, divided into bullish and bearish cycles. Most analysts view the crypto market as currently in the last bear market cycle. BTC price declined from $68.8k in November 2021 to $16.4k in December 2022 before now headed for over $40k.</p><p&
The Dollar Stopped Falling
<img src="https://fxopen.com/blog/en/content/images/2023/12/Analysis2912_1.jpg" alt="The Dollar Stopped Falling" /><p><br>The US dollar is trying to win back losses, trading at 100.800 in USDX, however, key statistics on the labour market were negative: the number of initial applications for unemployment benefi