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Ringgit firmer vs greenback on rising US-EU tensions
6+ min ago (327+ words) Tuesday, 20 Jan 2026 KUALA LUMPUR: The ringgit extended its gains to open firmer on Tuesday, tracking a weaker US Dollar Index (DXY) as tensions between the United States and the European Union intensified following renewed remarks by the administration of US…...
US Tariffs on European Allies are ‘Own Goal’ – Expert
7+ min ago (202+ words) US President Donald Trump earlier announced that he would impose 10% tariffs on February 1 on goods from Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden, and the UK, which will increase to 25% if an agreement on the US acquiring Greenland is…...
USD/CAD Price Forecast: Finds temporary support near 20-day EMAThe i
15+ min ago (512+ words) The USD/CAD pair trades 0.13% lower to near 1.3850 during the early European trading session on Tuesday. The Loonie pair is under pressure as the US Dollar (USD) remains on the back foot amid disputes between the United States (US) and…...
Australian Dollar holds losses following PBOC decision
15+ min ago (441+ words) Australia's TD-MI Inflation Gauge, released on Monday, rose to 3.5% year-over-year (YoY) in December, up from 3.2% previously. On a monthly basis, inflation surged 1.0% month-over-month (MoM) in December 2025, the fastest pace since December 2023 and a sharp acceleration from 0.3% in the prior two…...
PBOC sets USD/CNY reference rate at 7.0006 vs. 7.0051 previous
20+ min ago (440+ words) The People's Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0006 compared to the previous day's fix of 7.0051 and 6.9576 Reuters estimate. The primary monetary policy objectives of the People's Bank of…...
New Zealand Dollar weakens below 0.5800 despite Trump’s tariff threats
20+ min ago (392+ words) The NZD/USD pair loses ground to around 0.5790 during the early Asian session on Tuesday, pressured by renewed US Dollar (USD) demand. Nonetheless, the potential downside for the pair might be limited amid the fresh US President Donald Trump trade…...
Keynes Doesn't Gain Legitimacy During Downturns
35+ min ago (334+ words) The worst thing for a country's economy is for legislators to borrow money for deficit spending during economic downturns. Too bad no one agrees, including those perhaps pre-disposed to agree. To distinguish between government spending based on taxes collected versus…...
Is There Life After the Dollar?
1+ hour, 6+ min ago (650+ words) Stability has persisted despite a fundamental asymmetry inherent in the dollar's role as a global reserve currency: to supply the world with dollar liquidity, the United States must run a current-account deficit, buying more from abroad than it sells. At…...
Budget 2026 Date: Check Expectations of Middle-Class Taxpayers As Finance Minister Nirmala Sitharaman To Present Union Budget on February 1, 2026
1+ hour, 6+ min ago (335+ words) Taxpayers are currently required to navigate multiple ITR forms based on their shifting sources of income, leading to frequent confusion. The proposal for a single, uniform ITR form would allow users to simply select their entity type and income sources,…...
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
1+ hour, 8+ min ago (341+ words) KUALA LUMPUR: About 84 per cent of chief executive officers (CEOs) in Malaysia plan'to expand beyond their traditional industry boundaries over the next three years, targeting adjacent and fast-moving sectors, according to PwC's 29th Global CEO Survey -'Malaysia.' The survey noted that…...