Ringgit Edges Higher As US Dollar Index Declines
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.
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KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.
KUALA LUMPUR, Jan 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today on weaker demand as traders remained on the sidelines ahead of this week's important US economic data, including the nonfarm payrolls (NFP) report on Friday.
KUALA LUMPUR, Dec 21 (Bernama) -- The ringgit is expected to trade within the narrow range of 4.50 to 4.52 against the US dollar next week, reflecting subdued volatility and cautious sentiment among traders during the Christmas holiday period.
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on the final trading day of the week, pressured by a stronger greenback following upbeat US economic data that exceeded market expectations.
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said.
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia opened little changed today on volatile trading amid Wall Street’s mixed sentiment, ahead of key US economic data set to be released later this week.
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- Bursa Malaysia is anticipated to remain in a consolidation phase next week, with investors closely monitoring both domestic and international developments that could influence market direction.
By NurulJannah Kamaruddin
KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.
KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia fell below the key psychological support level of 1,600, as investors held back from making significant moves amid weak cues from Wall Street following a disappointing outlook from major tech firms.