Ringgit Opens Firmer Against US Dollar, Revisits 4.12 Level

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit continued to strengthen against the US dollar as expectations of a US interest rate cut in December build, putting pressure on the greenback, an analyst said.

Ringgit Extends Gains Vs US Dollar On Dovish Fed Signals

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.

Rubber Market Ends Lower On Lower Crude Oil Prices, Mixed Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 25 (Bernama) -- The Malaysian rubber market ended lower today due to lower benchmark crude oil prices and mixed signals from regional futures, a dealer said.

Gold Futures End Higher Amid Softer US Dollar

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.

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.

Bursa Malaysia's Key Index Regains Ground To End Marginally Higher

By Anas Abu Hassan

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia's benchmark index reversed earlier losses to close marginally higher on Monday, tracking positive movement on most regional markets amid renewed optimism on potential United States (US) interest rate cut.

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.

Ringgit Likely To Trade Between 4.13-4.16 With Slight Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.

Rubber Market Ends The Week Higher Over Supply Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 21 (Bernama) -- The Kuala Lumpur rubber market closed the week higher on Friday, driven by ongoing concern over rubber supply due to rainy weather in major rubber producers amid mixed advice from regional rubber futures markets, said a dealer.

Ringgit Opens Higher Against US Dollar, Other Major Currencies

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened firmer against the US dollar on Friday despite stronger US labour market data that continued to support the greenback.

Gold Futures End Lower As Fed Rate Cut Odds Down

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today following the release of limited US economic data, with the upside shock immediately pushing December Federal Reserve (Fed) rate-cut odds down from around 50 per cent to roughly 30 per cent.

Ringgit Ends Lower Against US Dollar As Confidence In US December Rate Cut Fades

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit ended lower against the US dollar today as expectations for a US interest rate cut have been significantly reduced, signalling the markets remain unconvinced of another rate cut in the December meeting.