By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.
KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its uptrend against the US dollar on Wednesday, supported by a 0.43 per cent drop in the US Dollar Index (DXY) to 98.097 after the headline US inflation rate came in lower than expected.
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist said.
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit extended its gains to open higher against the US dollar today, as investor sentiment on risk assets rebounded amid talk of a possible United States (US) interest rate cut, an economist said.
By Anas Abu Hassan
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 2 (Bernama) -- Bursa Malaysia is likely to trade higher next week, supported by improved investor sentiment following the reduction in United States (US) tariffs and the upcoming debate on the 13th Malaysia Plan (13MP) during the Parliamentary sitting beginning Aug 4.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 16 (Bernama) -- The gold futures contracts on Bursa Malaysia Derivatives ended lower amidst a firmer greenback and ongoing discussions about interest rates in the United States
KUALA LUMPUR, July 16 (Bernama) -- The ringgit opened lower against the US dollar today as the greenback strengthened on waning hopes of an interest rate cut this month by the United States.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed firmer today, supported by growing market confidence over potential interest rate cuts by the US Federal Reserve.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 3 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved regional sentiment following a new United States-Vietnam trade deal, said SPI Asset Management managing partner Stephen Innes.
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.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 26 (Bernama) -- The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key US data releases, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
