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Ringgit Up Against US Dollar, Major Currencies Ahead 2Q GDP Announcement
KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.
Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.
Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.
Ringgit Opens Higher Against Greenback
KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on the domestic and global economy, analysts said.
Bursa Malaysia Likely To Retain Uptrend Next Week
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 9 (Bernama) -- Bursa Malaysia is likely to retain its constructive bias into next week, with potential upside breakout above the 1,560 level, said an analyst.
Rubber Market Ends Higher On Regional Gains
KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market ended higher today supported by an uptrend in regional rubber futures markets, a dealer said.
Ringgit Continues To Retreat Against Greenback On Profit-taking After Recent Gains
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.
Gold Futures Higher On Weaker US Dollar
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued to close higher on Tuesday following a weaker US dollar, said an analyst.
Ringgit Ends Higher Against US Dollar On Fed Rate Cut Hopes
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.
Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
Bursa Malaysia Ends Sharply Higher As 13MP, US Tariff Cut Woo Bargain Hunting
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 1 (Bernama) -- Bargain hunting pushed Bursa Malaysia to end the week higher as investors cheered the United States (US) tariff reduction on all Malaysian products entering the country, coupled with positive market sentiment following the announcement of the 13th Malaysia Plan (13MP).