US Dollar/Ringgit To Trade 3.95-4.05 In Near Term -- Apex Securities
KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.
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KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies.
KUALA LUMPUR, April 27 (Bernama) -- The ringgit edged higher against the US dollar but was traded mostly lower against other major currencies in early trade on Monday amid subdued market sentiment ahead of the US Federal Reserve meeting later this week, said an analyst.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia’s key index is likely to move sideways within the 1,700–1,730 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.
By Siti Noor Afera Abu
KUALA LUMPUR, April 25 (Bernama) -- The ringgit is expected to trade in a tight band next week, hovering between RM3.94 and RM3.96 as investors await further economic data from the United States, according to an economist.
By Siti Noor Afera Abu
KUALA LUMPUR, April 12 (Bernama) -- The ringgit’s outlook remains firm, supported by underlying macroeconomic fundamentals, with the market expected to retest the 3.88 level against the US dollar, reflecting short-term market positioning rather than a shift in the currency’s trajectory, economists said.
KUALA LUMPUR, April 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives are expected to trade range-bound next week with a slight upside bias, supported by improving global sentiment and easing geopolitical concerns.
KUALA LUMPUR, April 18 (Bernama) -- The rubber market is expected to be quiet with a tendency to move sideways and lower next week, said industry expert Denis Low.
KUALA LUMPUR, April 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to see stabilisation with a bearish bias next week, amid ample supply and easing energy prices.
KUALA LUMPUR, April 18 (Bernama) -- The Bursa Malaysia key index is likely to trade with an upward bias next week, supported by improving global risk sentiment following signs of easing geopolitical tensions.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 11 (Bernama) -- The rubber market is expected to trade range-bound next week, tracking regional rubber futures amid ongoing supply concerns, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
By Zufazlin Baharuddin
KUALA LUMPUR, April 3 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Friday, as markets positioned for a softer US non-farm payrolls (NFP) reading, weighing on the greenback and lending support to regional currencies.