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By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit closed higher against the US dollar today as the greenback weakened following a disappointing United States labour market report released last Friday.
KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit opened stronger against the US dollar on Monday, lifted by growing expectations of United States (US) interest rate cuts after weaker nonfarm payrolls (NFP) data.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 6 (Bernama) -- The ringgit is expected to rise against the American dollar next week after the US nonfarm payrolls (NFP) data came in below expectations, boosting hopes for an interest rate cut in the United States later this month.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), with markets widely expecting the central bank to leave the rate unchanged at 2.75 per cent.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit closed higher against the greenback on Wednesday as traders awaited the United States (US) labour market data this week, said an analyst.
KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit opened slightly higher on Wednesday ahead of the US labour market data this week, which will be an important input for the Federal Open Market Committee (FOMC) members when they meet on Sept 16 and 17.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit ended on a low note on Tuesday as market sentiments remained cautious, with traders bracing for Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on Thursday to gauge the latest economic assessments.
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened higher on Tuesday but is likely to trade cautiously today as traders will be observing Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, along with the United States (US) non-farm payrolls (NFP) report on Friday.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit closed lower against the US dollar on Friday as traders turned cautious ahead of the United States (US) Personal Consumption Expenditures (PCE) data to be released later tonight.
By Zarul Effendi Razali
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.
