Bursa Starts Higher On Local Institutional Support

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia opened higher on Tuesday, extending the previous day’s gains on continued local institutional buying and stock accumulation, a dealer said.

Ringgit Extends Gains Against US Dollar On Fed Cut Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened stronger against the US dollar on Tuesday, extending gains as the greenback weakened on rising expectations of United States interest rate cuts.

Ringgit Closes Firmer On Weak US Nonfarm Payrolls Report

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit closed higher against the US dollar today as the greenback weakened following a disappointing United States labour market report released last Friday.

Ringgit Rises Against Greenback On Weak US Jobs Data

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit opened stronger against the US dollar on Monday, lifted by growing expectations of United States (US) interest rate cuts after weaker nonfarm payrolls (NFP) data.

Ringgit Seen Up Against Greenback Next Week On Rising Odds For US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- The ringgit is expected to rise against the American dollar next week after the US nonfarm payrolls (NFP) data came in below expectations, boosting hopes for an interest rate cut in the United States later this month.

Gold Futures Retreat Amid Stronger US Dollar And Higher Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.

Ringgit Ends Slightly Lower Against US Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.

Rubber Market Ends Lower, Mirroring Weaker Regional Markets

KUALA LUMPUR, Sept 4 (Bernama) -- The Malaysian rubber market ended lower on Thursday, tracking losses in regional rubber futures markets, with sentiment being clouded by uncertainty over the US interest rate moves and persistent geopolitical crisis.

Ringgit Opens Slightly Firmer Against Greenback Ahead Of BNM Policy Decision

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), with markets widely expecting the central bank to leave the rate unchanged at 2.75 per cent.

Ringgit Ends Higher Ahead Of US Labour Data

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit closed higher against the greenback on Wednesday as traders awaited the United States (US) labour market data this week, said an analyst.

Ringgit Opens Slightly Higher Against Greenback Ahead US Labour Market Data

KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit opened slightly higher on Wednesday ahead of the US labour market data this week, which will be an important input for the Federal Open Market Committee (FOMC) members when they meet on Sept 16 and 17. 

Ringgit Ends Lower Ahead Of BNM's MPC Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit ended on a low note on Tuesday as market sentiments remained cautious, with traders bracing for Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on Thursday to gauge the latest economic assessments.