Ringgit Eases Against US Dollar Amid Potential Trade Deal Between US And China

KUALA LUMPUR, May 15 (Bernama) -- The ringgit opened slightly lower against the US dollar as traders continue to observe the potential trade deal between the US and China, along with geopolitical risks, according to an economist.

Ringgit Opens Higher Against US Dollar As US-China Trade Tensions Ease

By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed

KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.

News Analysis: US Tariffs Pose Short-Term Threat, ASEAN Resilience Will Prevail Over Long Term

KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.

Ringgit Weakens Against US Dollar, Gains Versus Other Currencies

KUALA LUMPUR, May 13 (Bernama) -- The ringgit closed lower against the US dollar today as investors scaled back their expectations for the United States Federal Reserve (Fed) to cut interest rates.

Rubber Market Ends Higher Amid Easing US-China Trade Tensions

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 13 (Bernama) -- The Malaysian rubber market ended higher today, supported by the upward momentum in regional rubber futures markets, driven by improved global sentiments as a result of the de-escalation of trade tensions between the United States (US) and China, a dealer said.

Ringgit Opens Higher Vs US Dollar, Market Sentiment Improves

KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened slightly higher against the US dollar today, supported by positive sentiment from the United States (US)-China diplomatic negotiations on the US tariff, an analyst said.

Gold Futures Likely To Trade Lower Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade lower next week, as progress in the trade deal between the United States (US) and China -- anticipated by the end of the week -- may boost demand for the US dollar and weigh on gold prices.

Ringgit Ends Lower Against US Dollar Ahead Of US-China Trade Talks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 9 (Bernama) -- The ringgit closed lower against the US dollar on Friday as news about a possible trade deal between the United States and China by the end of the week spurred interest in the greenback.

Taiwan Dollar Rally Heightens FX Risk For Life Insurers, AM Best Warns 

KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.

Ringgit Higher Against US Dollar On US Trade Talks Optimism

KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.

Ringgit Closes Slightly Lower Against US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as confidence in the greenback is deemed to have returned, said an economist. 

Ringgit Opens Stronger Vs Greenback As Fed Leaves Rates Unchanged

KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the US Federal Reserve (Fed) left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.