Ringgit Ends Lower Amid Profit-taking, Lack Of Fresh Market Catalysts
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit ended lower against the US dollar on Monday due to profit-taking and a lack of fresh market catalysts.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit ended lower against the US dollar on Monday due to profit-taking and a lack of fresh market catalysts.
KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Monday as positive developments in the government of Malaysia’s fiscal position have contributed significantly to the ringgit’s appreciation.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia is likely to consolidate its recent gains and trade within a narrow range next week as investors unwind tactical positions after this week’s strong performance.
KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency.
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.
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.
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.
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.
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range with a downside bias next week amid heightened volatility in global markets, said an analyst.
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s benchmark index closed at its intraday high on Wednesday, supported by bargain hunting after yesterday’s sell-off, despite a mixed performance across regional markets.