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THE dollar appreciated by 0.36% to 97.631 following a confluence of factors such as the dovish ECB meeting; higher demand for safe-haven assets as optimism in the US-China trade talks was offset by another round of Brexit saga; and better-than-expected flash PMI data with the October Markit manufacturing PMI preliminary estimate rising to 51.5 points from 51.1 points in September and beating market expectation of 50.7.
THE US dollar depreciated by 0.71% to 97.607 following a confluence of factors.
LONDON: Thomas Cook Group Plc’s collapse may prove lucrative for some.
The US dollar traded sideways for the week albeit closing marginally higher by 0.02% to 98.272.
THE US dollar depreciated 0.1% to 98.309 following improving trade discussions between China and the United States, encouraging investors to flock to risk assets.
Amid a short working week with the Labour Day break on Monday, the dollar weakened by 0.51% to 98.41 due to global risk-on sentiment as Washington and Beijing agreed to hold high-level talks in October, raising hopes of a de-escalation in trade tensions that has battered global economic growth.
KUALA LUMPUR: Bursa Malaysia Bhd is looking at increasing the number of millennial investors on the local bourse through its significant outreach and marketing education programmes.