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.

Ringgit Rises Vs Greenback On Stronger Odds Of US Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist said.

Gold Futures End Higher On Safe-haven Demand

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Thursday, driven by increased demand from investors seeking refuge in the precious metal, said an analyst.

Ringgit Ends Lower Vs US Dollar And Major Currencies On Weak Demand

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit has retreated to close lower against the US dollar as well as major currencies on Thursday on lack of buying interest, said an analyst.

Ringgit Opens Firmer On Softer US Dollar, Rate Cut Hopes 

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, lifted by a softer greenback amid growing expectations of interest rate cuts by the United States Federal Reserve (Fed) in the coming months.

Ringgit Ends Higher Ahead Of Fed Comments

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar as investors took advantage of the greenback’s weakness ahead of comments from United States (US) Federal Reserve (Fed) officials tonight, said an analyst.

Ringgit Rises On Soft US Economic Data 

KUALA LUMPUR, Aug 6 (Bernama) --The ringgit opened higher against the US dollar on Wednesday, supported by weaker United States (US) economic data that weighed on the greenback and prompted investors to reassess market sentiment, an economist said.

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 Extends Gains Vs US Dollar Amid US Rate Cut Talks

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit extended its gains to open higher against the US dollar today, as investor sentiment on risk assets rebounded amid talk of a possible United States (US) interest rate cut, an economist said.

Ringgit Strengthens On Weak US Jobs Report

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.

Ringgit Opens Firmer Against US Dollar Amid Renewed US Rate Cut Hopes

By Anas Abu Hassan

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.

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.