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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

    Asia equities trading mixed following similar performance on Wall Street

    Asian markets poised to react positively

    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

    Asia equities trading sideways following choppy price action on Wall Street

    Asian equities poised for positive trading following volatile session on Wall Street

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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

    Asia equities trading mixed following similar performance on Wall Street

    Asian markets poised to react positively

    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

    Asia equities trading sideways following choppy price action on Wall Street

    Asian equities poised for positive trading following volatile session on Wall Street

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USD/MYR Technical Analysis

Dyogenes Rodrigues Diniz by Dyogenes Rodrigues Diniz
October 6, 2023
in Forex
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USDMYR Technical Analysis
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The US Dollar falls -0.08% against the Ringgit this Thursday and is now trading at 4.7250. Despite the downward movement, the main market feeling is indecision, which is evident due to the small candle on the daily chart. The Initial Jobless Claims data came in slightly lower than expected (207k real against 210k predicted), but as the difference was small, this was not enough to move investors. The market is also a little calmer today due to fears about the release of US Unemployment data tomorrow. Nonfarm Payroll is an economic indicator that measures job creation in the US excluding the agricultural sector and is seen as the most important data for the global economy. Due to the importance of this information, the market tends to be a little more apprehensive the day before the release of the NFP.

Tags: Initial jobless claimsNFPUSD/MYR
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