2m ago
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.
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KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit is expected to hold steady within RM4.12 to RM4.14 next week as traders and investors remain cautious ahead of the US Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) meeting in December.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as prevailing data points appear to support the possibility of a US Federal Reserve interest rate cut in December.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit extended its gains to close marginally higher against the US dollar on Friday on the rising expectations for a cut in US interest rates in December.
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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.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.
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KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback tracked the US Dollar Index, which remained below the 100-point mark.
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By Anas Abu Hassan
KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia's benchmark index rebounded to close higher today, supported by persistent buying in heavyweights and improved sentiment amid growing hopes for interest rate cuts in the United States.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit continued to perform favourably against the US dollar at the close on Tuesday, as the greenback weakened on dovish remarks by US Federal Reserve (Fed) officials.
2m ago
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened slightly firmer against the US dollar, aligning with forecasts to reach RM4.10 by year-end, as dovish remarks by US Federal Reserve officials weakened the greenback.
2m ago
KUALA LUMPUR, Nov 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by a softer US dollar amid expectations of a US Federal Reserve (Fed) rate cut next month.