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By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit held steady against the American dollar and strengthened versus other major currencies at the close on Thursday, as investors awaited the US Consumer Price Index (CPI) report due later tonight.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit eased against the American dollar at the close on Wednesday as cautious investors took profit after recent gains, ahead of US inflation reports this week.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit ended higher against the American dollar on Tuesday as the greenback extended its decline following the weak US jobs report on Friday and ahead of a revision in US job growth figures for the 12 months through March later today.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.
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.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains on Wednesday, driven by fiscal concerns in the United States (US), said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed on a record high, breaking above the US$3,500 mark on expectations of a United States (US) interest rate cut and renewed concerns over the Federal Reserve’s independence.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week ahead of the United States (US) non-farm payrolls report scheduled for next Friday.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher ahead of the release of the United States (US) Personal Consumption Expenditures (PCE) data later tonight.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued to close higher on Tuesday following a weaker US dollar, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, supported by a widespread shift in market expectations surrounding United States (US) monetary policy, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.
