By Siti Noor Afera Abu
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at midday on selling pressure in selected financial services and plantation stocks, as United States (US) equities continued to face volatility due to fresh recessionary concerns.
KUALA LUMPUR, March 12 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.
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 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 Danni Haizal Danial Donald
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.
By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit turned lower against the US dollar at the close today amid improved demand for the greenback following the US administration seeking ways to reduce the 10-year US Treasury yield rather than bringing down the Fed Fund Rate, said an analyst.
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit closed lower against the US dollar today, pressured by subdued global risk sentiment and ongoing developments in United States tariffs, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened slightly higher against the US dollar and other major currencies ahead of the two-day US Federal Open Market Committee (FOMC) meeting, which starts today, and a holiday-shortened week, an analyst said.
By Danni Haizal Danial Donald and Karina Imran
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies, buoyed by Bank Negara Malaysia's (BNM) Monetary Policy Committee’s (MPC) announcement on the Overnight Policy Rate (OPR).
