Gold Futures Seen Range-Bound Following US Inflation Data, Rate Outlook
KUALA LUMPUR, Feb 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range next week.
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KUALA LUMPUR, Feb 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range next week.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).
By Zufazlin Baharuddin and K.Naveen Prabu
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday but higher against major currencies as investors stayed cautious ahead of a busy week of US labour-market data.
KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia opened lower in early trade on Wednesday, tracking weaker cues from Wall Street overnight as technology-related stocks retreated.
KUALA LUMPUR, Dec 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of a potential US interest rate cut, which boosted investor confidence in the precious metal as a safe haven.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday, extending its recent gains to hover around the 4.07 level, its strongest showing in nearly five years, underpinned by firmer domestic and external sentiment.
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) -- Gold futures on Bursa Malaysia Derivatives closed lower today as investors awaited the outcome of the Federal Open Market Committee (FOMC) decision on the United States (US) interest rates later tonight.
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.
KUALA LUMPUR, Dec 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker US dollar amid rising expectations of a US interest rate cut, as markets look ahead to key US inflation data before next week’s Federal Reserve policy meeting.
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.
KUALA LUMPUR, Dec 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, supported by a softer greenback amid growing expectations of a US interest rate cut next week.