KUALA LUMPUR, March 14 — The ringgit opened slightly higher today amid cautious trade as investors kept an eye on major developments, including the release of US February’s Producer Price Index (PPI) and Retail Sales which will be released tonight.
KUALA LUMPUR, March 13 — The ringgit took a breather against the US dollar today following almost a week-long gain.
KUALA LUMPUR, Feb 26 — The ringgit finished flat against the US dollar on Monday as the market focused on the Federal Open Market Committee’s (FOMC) January 2024 meeting minutes to see what transpired at the first policy meeting of 2024, said AmBank Group Economic Research.
KUALA LUMPUR, Feb 22 — The ringgit ended higher against the US dollar today as the United States Federal Reserve (Fed) seems unlikely to cut the benchmark interest rate in the near term, said an economist.
KUALA LUMPUR, Feb 22 — The ringgit opened higher against the US dollar as traders digest the United States (US) Federal Open Market Committee (FOMC) meeting minutes released last night, said an economist.
UALA LUMPUR, Feb 21 —The ringgit opened easier against the US dollar as the greenback remained steady despite a slight retracement on the back of subdued US yields and ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later today, said an economist.
KUALA LUMPUR, Jan 31 — The ringgit opened marginally higher against the US dollar today, as market players remain cautious ahead of the US Federal Reserve’s (US Fed) decision on the interest rate in their first meeting on Wednesday.
KUALA LUMPUR, Jan 30 — The ringgit opened higher on Tuesday as market participants focused on the two-day United States (US) Federal Open Market Committee (FOMC) meeting which starts today.
KUALA LUMPUR, Jan 29 — The ringgit opened lower due to cautious transactions by traders ahead of the United States (US) Federal Open Market Committee (FOMC) meeting scheduled for Jan 30-31.
\KUALA LUMPUR, Jan 5 — The ringgit slipped further against the US dollar on the expectation that higher-for-longer interest rate narratives are likely to persist.
KUALA LUMPUR, Jan 4 — The ringgit remained weak against the US dollar today after some letdown as hopes for a March rate cut faded after the US Federal Open Market Committee (FOMC) meeting minutes provided little clue about when it will happen.
KUALA LUMPUR, Dec 15 — The ringgit closed marginally higher against the weakening US dollar on the last trading day of the week following the latest Federal Open Market Committee (FOMC) decision this week.
KUALA LUMPUR, Dec 13 — The ringgit ended easier against the greenback on Wednesday while market participants awaited the Federal Open Market Committee meeting outcome tonight, said an analyst.
KUALA LUMPUR, Dec 12 — The ringgit ended marginally lower against the greenback on Tuesday ahead of US inflation data for November later tonight, said an analyst.
KUALA LUMPUR, Dec 11 — The ringgit opened on a softer note against the US dollar on Monday as the greenback strengthened in light of the latest United States (US) nonfarm payrolls (NFP) data, which surpassed expectations.
KUALA LUMPUR, Dec 8 — The ringgit reversed its losses to open higher against the US dollar on Friday amidst positive developments in the Asian foreign exchange (forex) market.
KUALA LUMPUR, Dec 2 — The foreign exchange market is predicted to remain cautious next week, with all eyes on major data points, including the US Nonfarm Payroll (NFP) and Unemployment Rate, which will be critical for ringgit-US dollar performance.
KUALA LUMPUR, Nov 25 — The ringgit is expected to trade range-bound ahead of the next set of tier-one United States (US) economic data on Friday (December 1) of which the key US non-farm payroll (NFP) will be released, an analyst said.
KUALA LUMPUR, Nov 22 — The ringgit fell against the US dollar at the close today following recent gains and after the US Federal Open Market Committee (FOMC) minutes of its last meeting showed that the American central bank will remain cautious in its approach to monetary policy, said an analyst.
KUALA LUMPUR, Nov 22 — The ringgit retreated from two consecutive days of gains to open lower against the US dollar on Wednesday due to the lack of interest in the local currency as market sentiments remain uncertain.
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