KUALA LUMPUR, Feb 28 — Bursa Malaysia was lower at midmorning as investors traded cautiously ahead of US key prints tonight to further gauge the Federal Reserve tone in terms of interest rate direction.
KUALA LUMPUR, Feb 27 — Bursa Malaysia traded cautiously early today amid US equity weaknesses.
KUALA LUMPUR, Feb 17 — The ringgit has continued to weaken against the US dollar this morning as buying interest for the greenback increased.
KUALA LUMPUR, Jan 19 — The ringgit retreated from yesterday's gains to open slightly lower against the US dollar today despite a weaker greenback, dragged down by the declining oil price.
KUALA LUMPUR, Jan 17 — The ringgit reversed from yesterday’s gains to open slightly lower against the US dollar amid stronger sentiment for the greenback as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) two-day monetary policy committee (MPC) meeting starting tomorrow.
KUALA LUMPUR, Jan 16 — The ringgit continued its positive momentum this morning to open slightly higher against the greenback on the expectation of a US Federal Reserve (Fed) downshift to a 25 basis points interest rate hike.
KUALA LUMPUR, Jan 13 — The ringgit jumped to a 10-month high against the greenback in anticipation of softer interest rate hikes in the United States going forward after the latest US inflation data showed a declining trend.
KUALA LUMPUR, Jan 11 — The ringgit opened marginally higher against the US dollar today as the US Federal Reserve (Fed) stance on its monetary policy signalled renewed buying interest for the greenback, an analyst said.
KUALA LUMPUR, Jan 6 —The ringgit opened lower against the US dollar on Friday on better demand for the greenback as the United States (US) job data came in better than expected, prompting concerns that the US Federal Reserves (Fed) will continue to hike rates to combat inflation, dealers said.
KUALA LUMPUR, Dec 16 — The ringgit ended the week on a lower note against the US dollar today amid a hawkish outlook by both the United States Federal Reserve (Fed) and European Central Bank (ECB).
KUALA LUMPUR, Dec 5 — The ringgit opened higher against the US dollar today as the greenback continued its retracement amid dovish United States (US) Federal Reserve (Fed) officials' statements and increasing risk appetite, an analyst said.
KUALA LUMPUR, Nov 17 — The ringgit eased further against the US dollar this morning, continuing yesterday's retracement as the greenback regained ground on expectation of more Federal Reserve (Fed) interest rate hikes, an analyst said.
KUALA LUMPUR, Nov 15 — The ringgit opened marginally higher against the US dollar today with China's reopening theme still resonating in Malaysia's capital markets and triggering some catch-up in other Asia foreign exchange (FX), analysts said.
KUALA LUMPUR, Nov 14 — The ringgit opened higher against the US dollar today as the greenback continued its easing on the expectation that the US Federal Reserve (Fed) will be less hawkish on its monetary policy after softer inflation data there, analysts said.
KUALA LUMPUR, Nov 9 — The ringgit opened higher versus the US dollar today as demand for the greenback weakened in thin trading, analysts said.
KUALA LUMPUR, Nov 7 — The ringgit opened higher against the greenback as the United States (US) reported a higher unemployment rate and lower wage inflation last Friday.
KUALA LUMPUR, Oct 29 — Interest-rate jitters are set to induce fresh anxiety in the local equities market and weigh on risk sentiment next week as investors await the outcome of the Federal Open Market Committee and Bank Negara Malaysia's (BNM) November meetings.
KUALA LUMPUR, Sept 23 — The ringgit opened marginally lower against the US dollar on Friday due to the lack of buying momentum as demand for the greenback remained strong on the back of its safe-haven status, a dealer said.
KUALA LUMPUR, Sept 21 — The ringgit slipped to a fresh all-time low against the US dollar at the opening on Wednesday, breaching the 4.5600 level due to the lower oil prices, coupled with the strengthening of the greenback, a dealer said.
KUALA LUMPUR, Sept 19 — The ringgit continued its downtrend on Monday due to the lack of catalysts amidst growing risk-off sentiment, said an analyst.
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