Ringgit Opens Higher After FOMC's Dovish Tone
KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.
LATEST NEWS | Dewan Rakyat passes Local Government (Amendment) 2025 Bill | |
KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 12 (Bernama) -- The ringgit closed lower against the US dollar on Wednesday on caution ahead of US inflation data later tonight and as the global trade war escalated.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 11 (Bernama) -- The Malaysian rubber market eased slightly on Tuesday, tracking downward momentum in the regional rubber futures markets as the global sentiment was ruled by worries over global economic slowdown and rising trade war, said a dealer.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 11 (Bernama) -- The Malaysian rubber market eased slightly on Tuesday, tracking downward momentum in the regional rubber futures markets as the global sentiment was ruled by worries over global economic slowdown and rising trade war, said a dealer.
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia continued its downward trend, opening lower on Tuesday, as Wall Street experienced a steep decline.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, extending its positive momentum, propelled by mounting expectations of a US Federal Funds Rate cut, which triggered a dramatic plunge in the US Dollar Index (DXY).
By Siti Radziah Hamzah
KUALA LUMPUR, March 6 (Bernama) -- The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened due to a mix of slowing United States (US) economic data, tariff uncertainty, and unpredictable policymaking, prompting traders to look elsewhere, said an analyst.
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s overnight decline as trade war concerns intensified after the United States (US) confirmed tariffs on Mexico, Canada and China.
KUALA LUMPUR, March 4 (Bernama) -- The ringgit kicked off the day by opening higher against the US dollar on Tuesday amid traders awaiting details of the United States (US) tariff implementation, an analyst said.
KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking Wall Street’s rally last Friday, as investors shrugged off concerns over rising tensions between Ukraine and the United States (US).
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia opened lower but turned slightly higher amid uncertainties as traders digested the US consumer confidence report and US President Donald Trump’s policy impact on the American economy, said an analyst.