Ringgit Rallies Against Greenback On Weak US Data
KUALA LUMPUR, June 13 (Bernama) -- The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.
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KUALA LUMPUR, June 13 (Bernama) -- The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.
By Siti Noor Afera Abu
KUALA LUMPUR, June 12 (Bernama) -- The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points.
KUALA LUMPUR, June 5 (Bernama) -- ASEAN, which is chaired by Malaysia this year, has expressed full support for all efforts to strengthen open markets and uphold a rules-based multilateral trading system as the foundation for sustainable and inclusive global growth.
By Anas Abu Hassan
KUALA LUMPUR, June 5 (Bernama) -- The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 5 (Bernama) -- The ringgit opens marginally higher against the US dollar on Thursday, amid weaker-than-expected United States (US) economic data and tariff uncertainties, an analyst said.
By Zufazlin Baharuddin
KUALA LUMPUR, May 31 (Bernama) -- The ringgit is likely to be traded cautiously against the US dollar next week amid ongoing uncertainties surrounding US tariff policy developments, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Zufazlin Baharuddin
KUALA LUMPUR, May 29 (Bernama) -- The ringgit retreated to close lower against the greenback on Thursday as the American dollar rallied after a US trade court blocked most of US President Donald Trump’s tariffs on imports into the country.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as expectations dimmed for a near-term rate cut by the US Federal Reserve (Fed), an analyst said.
KUALA LUMPUR, May 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher, rebounding after two consecutive days of losses ahead of the release of the US Federal Reserve’s Federal Open Market Commitee (FOMC) meeting minutes on Wednesday.
By Anas Abu Hassan
KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.
By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 8 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as confidence in the greenback is deemed to have returned, said an economist.