Middle East Developments, US Economic Data to Guide Ringgit’s Direction Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, March 7 (Bernama) -- The ringgit is expected to trade cautiously against the US dollar next week as market sentiment continues to be shaped by developments in the Middle East, while investors will also keep a close watch on the trajectory of crude oil prices and upcoming US economic data.

Ringgit Ends Lower vs US Dollar On Profit-taking After Recent Gains

KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended the week lower against the US dollar after hitting a fresh high on Thursday, as investors locked in gains ahead of a shortened trading week due to the upcoming Chinese New Year holiday.

FBM KLCI Futures Likely To Track Cash Market Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to track the cash market next week, an analyst said.

Bursa Malaysia Likely To Trade In Modest, Range-bound Trend Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia is expected to trade in a modest and range-bound trend next week, said an economist.

Bursa Malaysia Ends Softer In Sync With Regional Trend

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended the week lower, mirroring the weak performance of regional bourses, as an overnight sell-off on Wall Street dampened investor sentiment.

Ringgit Ends Lower As Greenback Rebounds

By Anas Abu Hassan

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit ended the week lower, retreating from its recent rally as the US dollar strengthened following the United States (US) Federal Reserve's (Fed) move to cut its interest rate, an economist said.

Ringgit Seen Up Against Greenback Next Week On Rising Odds For US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- The ringgit is expected to rise against the American dollar next week after the US nonfarm payrolls (NFP) data came in below expectations, boosting hopes for an interest rate cut in the United States later this month.

Ringgit Likely To Trade Sideways With Upside Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.

Rubber Market Ends Lower, Tracking Decline In Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 29 (Bernama) -- The Malaysian rubber market closed lower on Friday, tracking the downward movement in regional rubber futures markets, said a dealer.

Ringgit Set To March Stronger Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 23 (Bernama) -- The ringgit is poised to march stronger next week after the United States (US) Federal Reserve chair Jerome Powell hinted at a potential interest rate cut in September.

Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.

Gold Futures End Week Lower On Firm US Jobs Data, Upbeat Trade Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ends lower on Friday, weighed by strong United States (US) jobs data and improving risk sentiment surrounding trade, said an analyst.