Cautious Sentiment Weakens Ringgit Against US Dollar
KUALA LUMPUR, Feb 28 (Bernama) -- Cautious market sentiment and a lack of local catalysts have led the ringgit to trade easier against the US dollar at the opening today.
KUALA LUMPUR, Feb 28 (Bernama) -- Cautious market sentiment and a lack of local catalysts have led the ringgit to trade easier against the US dollar at the opening today.
KUALA LUMPUR, Feb 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives fell again on Thursday as the US dollar strengthened due to Donald Trump’s threat to increase trade tariffs.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
KUALA LUMPUR, Feb 27 (Bernama) – The government and Bank Negara Malaysia (BNM) will continue to strengthen and improve existing channels and mechanisms to facilitate trade and investment transactions in the local currency.
KUALA LUMPUR, Feb 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower for the second straight day as the US dollar gained strength.
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit weakened against the US dollar at close today, after reaching a nearly three-week high, highlighting the challenges of breaking below the RM4.40 level following US President Donald Trump's announcement that tariffs on Mexico and Canada would proceed as planned.
KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit opened marginally higher against the US dollar this morning with further attempts expected to break below the RM4.40 level as traders and investors observe the next move in respect to US tariffs.
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to close stronger against the US dollar on Monday, supported by easing US-China trade tension and weaker US economic data that initially pressured the dollar.
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit strengthened against the US dollar in early trade after reaching a nearly three-week high last Friday, buoyed by softer-than-expected US economic data released last week.
KUALA LUMPUR, Feb 22 (Bernama) -- The ringgit is expected to move towards its immediate support level of RM4.36 against the US dollar in the coming week, driven by optimism surrounding a less aggressive tariff trade approach by Donald Trump’s administration.