Ringgit Ends Lower Against Greenback Ahead Of US Inflation Data This Friday
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit extended its loss to end lower against the greenback on Wednesday ahead of key US inflation data.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit extended its loss to end lower against the greenback on Wednesday ahead of key US inflation data.
KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia opened slightly firmer on Wednesday but reversed course within minutes, with the benchmark slipping on spillover profit-taking from yesterday’s sell-off despite overnight gains on Wall Street.
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.
KUALA LUMPUR, Aug 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday as gold prices hit a more than two-week high after US President Donald Trump said he was removing US Federal Reserve governor Lisa Cook, a move seen as eroding the American central bank's independence and undermining confidence in US assets.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia opened slightly firmer on Tuesday but reversed course within minutes, with the benchmark slipping as local shares tracked Wall Street’s overnight pullback.
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit opened slightly weaker against the US dollar on Tuesday, pressured by profit-taking, as the US Dollar Index (DXY) rose 0.73 per cent to 98.430.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit ended higher against the US dollar on Monday, driven primarily by the United States Federal Reserve (Fed) chair Jerome Powell's dovish Jackson Hole speech, which signalled a possible interest rate cut in September.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia closed higher for the third consecutive day, breaking the psychological 1,600 mark, lifted by positive regional sentiment on the back of Wall Street’s rally on Friday.
KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia opened higher on Monday, extending last week’s gains as investors tracked Wall Street’s upbeat close on Friday.
KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.