By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed firmer against the US dollar and other major currencies on Monday, supported by positive market sentiment following the government’s measured rationalisation of RON95 fuel subsidies.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened higher against the US dollar on Friday, tracking the firmer performance of regional currencies despite the continued strength of the greenback.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by a combination of external factors including expectations of a more accommodative policy stance by the United States (US) Federal Reserve (Fed), said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 16 (Bernama) -- The sape has echoed through longhouses along the rivers of central Sarawak for centuries, its gentle yet melancholic notes accompanying rituals of healing, storytelling, and thanksgiving.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 6 (Bernama) -- The ringgit is expected to rise against the American dollar next week after the US nonfarm payrolls (NFP) data came in below expectations, boosting hopes for an interest rate cut in the United States later this month.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains on Wednesday, driven by fiscal concerns in the United States (US), said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit closed higher against the greenback on Wednesday as traders awaited the United States (US) labour market data this week, said an analyst.
