12h ago
KUALA LUMPUR, March 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday, reflecting losses in the US COMEX gold market due to a stronger greenback amid concerns regarding Donald Trump’s trade policies.
13h ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.
23h ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, extending its positive momentum, propelled by mounting expectations of a US Federal Funds Rate cut, which triggered a dramatic plunge in the US Dollar Index (DXY).
2d ago
KUALA LUMPUR, March 8 (Bernama) -- The ringgit is likely to remain defensive within the 4.41-4.45 range against the US dollar next week, underpinned by Bank Negara Malaysia’s recent policy status quo and Malaysia's solid macro outlook.
3d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed) outlook and Bank Negara Malaysia’s decision to hold rates steady, said an analyst.
3d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
4d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 6 (Bernama) -- The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened due to a mix of slowing United States (US) economic data, tariff uncertainty, and unpredictable policymaking, prompting traders to look elsewhere, said an analyst.
4d ago
KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said.
5d ago
KUALA LUMPUR, March 5 (Bernama) – The government will continue to strengthen economic ties and diversify markets with key countries, including BRICS nations, in addition to expanding cooperation with countries in Asia, the Middle East, the European Union (EU), and other regions to reduce dependence on a single market.
5d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.
5d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- The ringgit surged against the US dollar on Wednesday, riding the wave of broad greenback weakness and renewed global risk appetite, said an analyst.
5d ago
KUALA LUMPUR, March 5 (Bernama) -- The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.