KUALA LUMPUR, June 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar and a basket of major currencies, and supported by a softer US Dollar Index (DXY) amid expectations of tax and spending cuts being deliberated in the United States’ Senate.
KUALA LUMPUR, June 28 (Bernama) -- The ringgit is expected to trade firmer next week following the US labour market data, an analyst said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 26 (Bernama) -- The ringgit extended its gains against the greenback at the close on Wednesday, as US President Donald Trump ramped up pressure on the US Federal Reserve (Fed) to cut interest rates.
By Siti Noor Afera Abu
KUALA LUMPUR, June 26 (Bernama) -- The ringgit extended its gains against the US dollar on Thursday, buoyed by comments from US Federal Reserve (Fed) chair Jerome Powell highlighting uncertainty over the inflationary impact of tariffs.
KUALA LUMPUR, June 25 (Bernama) -- The ringgit extended its upward momentum to open higher against the US dollar and other major currencies on Wednesday, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel-Iran conflict, said an economist.
KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- The ringgit closed lower against the greenback on Monday as US involvement in the war between Israel and Iran spurred demand for safe haven assets like the American dollar, an analyst said.
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.
By Zarul Effendi Razali
KUALA LUMPUR, June 21 Bernama) -- The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst.
By Zarul Effendi Razali
KUALA LUMPUR, June 20 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar on Friday, as the latest developments on the Iran-Israel war sparked some buying interest in emerging currencies, a dealer said.
