Gold Futures Rebound On Fed Rate Cut Expectations

KUALA LUMPUR, Aug 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, mirroring gains in the US COMEX gold market amid growing expectations of a US Federal Reserve (Fed) interest rate cut.

Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.

Gold Futures likely To Track Comex Ahead Of US CPI Data Next Week

KUALA LUMPUR, Aug 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are set to take their cue from the United States (US) COMEX gold market ahead of the upcoming release of the US Consumer Price Index (CPI) data for July, scheduled for next Tuesday. 

Rubber Market Ends Higher On Regional Gains

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market ended higher today supported by an uptrend in regional rubber futures markets, a dealer said.

Ringgit Continues To Retreat Against Greenback On Profit-taking After Recent Gains

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.

Gold Prices To Rise 10 Pct By September On Possible Fed Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- Gold is expected to increase by a further record-breaking 10 per cent in September from the current level of US$3,370 per ounce, driven by expectations that the United States (US) Federal Reserve (Fed) will lower its interest rates.

Ringgit Ends Lower Vs US Dollar And Major Currencies On Weak Demand

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit has retreated to close lower against the US dollar as well as major currencies on Thursday on lack of buying interest, said an analyst.

Ringgit Opens Firmer On Softer US Dollar, Rate Cut Hopes 

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, lifted by a softer greenback amid growing expectations of interest rate cuts by the United States Federal Reserve (Fed) in the coming months.

Ringgit Ends Higher Ahead Of Fed Comments

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar as investors took advantage of the greenback’s weakness ahead of comments from United States (US) Federal Reserve (Fed) officials tonight, said an analyst.

Ringgit Ends Higher Against US Dollar On Fed Rate Cut Hopes

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.

Bursa Malaysia Opens Higher, Tracks Regional Gains

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia rebounded from Monday’s losses to open higher on Tuesday, tracking regional gains as investors remained optimistic about a potential United States Federal Reserve (Fed) interest rate cut next month.

Ringgit Strengthens On Weak US Jobs Report

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.