1m ago
By Zufazlin Baharuddin and K.Naveen Prabu
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday as investors assessed the United States-Venezuela situation, with an early flight to the greenback proving short-lived amid largely contained geopolitical risks.
1m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 5 (Bernama) -- The ringgit ended lower against the greenback on Monday, as markets shifted toward safe-haven currencies amid rising geopolitical uncertainty after the US attack on Venezuela over the weekend, an analyst said.
1m ago
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit extended its rally, opening slightly higher against the US dollar on Wednesday as the greenback weakened after the release of the Federal Open Market Committee (FOMC) meeting minutes overnight.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, as investors are still drawn to the safe-haven asset following the United States (US) Federal Reserve (Fed) decision to cut interest rates for the third time this year.
2m ago
KUALA LUMPUR, Dec 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of further interest rate cuts next year, which are making the safe-haven asset more attractive to investors.
2m ago
KUALA LUMPUR, Dec 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the US Federal Reserve (Fed) cut interest rates for the third time this year, making the safe-haven asset more attractive to investors.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by expectations of a United States (US) Federal Reserve (Fed) interest rate cut, which keeps investors drawn to the safe-haven asset.
2m ago
KUALA LUMPUR, Dec 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today as risk-off sentiment prevailed, with investors turning to the safe-haven metal ahead of a potential US rate cut later this month.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as prevailing data points appear to support the possibility of a US Federal Reserve interest rate cut in December.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.
3m ago
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain well supported by the global backdrop, as seasonal patterns suggest the local note’s gains still have legs in December before a pause, according to CIMB Investment Bank Bhd.
3m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday, supported by a softer US dollar and cautious sentiments over the United States’ economic outlook amid concerns about a government shutdown, which boosted demand for gold as a safe-haven asset.