Ringgit Slips Vs US Dollar, Rises Against Majors On Fed Cut Expectations

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.

Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.

Ringgit A Tad Higher As Soft US Data Strengthens US Rate Cut Expectations

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.

Ringgit Opens Firmer Vs US Dollar As Rate-cut Expectations Grow

KUALA LUMPUR, Nov 28  (Bernama) -- The ringgit opened firmer against the US dollar on Friday, supported by sustained optimism over a potential shift in US monetary policy and improving sentiment toward emerging-market currencies.

Ringgit Strengthens Against US Dollar On Improved Market Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit rose against the US dollar on Monday, supported by improved sentiment as diminished expectations for a December United States interest rate cut alleviated pressure on emerging-market currencies.

Ringgit Opens Slightly Higher Vs US Dollar Amid Mixed Fed Signals

KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Monday, though sentiment stayed guarded as conflicting remarks from US Federal Reserve (Fed) officials left investors uncertain about the greenback’s near-term direction.

Bursa Malaysia Likely To Trade Range-bound With Downside Bias Next Week - Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range with a downside bias next week amid heightened volatility in global markets, said an analyst.

FBM KLCI Ends At Intraday High On Bargain Hunting

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s benchmark index closed at its intraday high on Wednesday, supported by bargain hunting after yesterday’s sell-off, despite a mixed performance across regional markets. 

Bursa Malaysia Ends Higher As Strong Economic Data Lifts Investor Confidence

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia closed higher on Monday, supported by improving domestic and global economic data that reinforced investor confidence in Malaysia’s near-term growth outlook.

Rubber Market Expected To Trade Range-bound Next Week

By K. Naveen Prabu

KUALA LUMPUR, Nov 8 (Bernama) -- The rubber market is expected to trade within a narrow range next week as mixed global cues continue to shape sentiment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Ringgit Opens Steady Vs Greenback Ahead Of Rate Decisions

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.

Ringgit Rises As Weaker US Dollar Faces Policy Uncertainties

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.