KUALA LUMPUR, Nov 21 — The ringgit extended gains against the greenback at the close today on the rising expectation that the US Federal Reserve (US Fed) is done with interest rate hikes.
KUALA LUMPUR, Nov 18 — The ringgit is expected to trade in a tight range at RM4.67 to RM4.68 against the US dollar next week as traders seek fresh leads for market direction.
KUALA LUMPUR, Nov 7 — The ringgit opened lower against the US dollar today as technical correction prevailed following a sizeable rally over the last three trading days, said an analyst.
KUALA LUMPUR, Nov 2 — The ringgit opened higher against the US dollar on Thursday after the United States Federal Open Market Committee (FOMC) made a unanimous decision to keep the Fed Fund Rate steady at a range of 5.25 per cent to 5.50 per cent during its meeting last night.
KUALA LUMPUR, Nov 1 — The ringgit opened lower against the US dollar as financial markets eagerly awaited the United States Federal Open Market Committee (FOMC) decision later tonight.
KUALA LUMPUR, Oct 30 — The ringgit opened higher against the US dollar and other major currencies on the first day of trading for the week.
KUALA LUMPUR, Sept 19 — The ringgit extended its downtrend against the US dollar today ahead of the US Federal Open Market Committee (FOMC) meeting today and tomorrow to decide on interest rates.
KUALA LUMPUR, Sept 1 — The ringgit ended the week lower against the US dollar as investors remained cautious ahead of key United States (US) jobs data release, said an analyst.
KUALA LUMPUR, May 25 — The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to strengthen on the expectation of an interest rate hike in the United States (US).
KUALA LUMPUR, May 3 — The ringgit opened slightly higher against the US dollar today due to uncertainties in the market sentiments ahead of the United States’ (US) interest rate decision.
KUALA LUMPUR, April 14 — The ringgit ended easier against the US dollar today despite a weaker greenback which continued to slide on heightened expectations of a pause to the United States (US) Federal Reserve’s (Fed) rate-hike cycle amid signs of cooling inflation, analysts said.
KUALA LUMPUR, April 10 — The ringgit opened lower against the US dollar today, ahead of the release of the United States (US) Federal Open Market Committee (FOMC) meeting minutes as well as the International Monetary Fund’s (IMF) latest global projection this week, said an analyst.
KUALA LUMPUR, March 15 — The ringgit ended marginally higher against the US dollar as investors continued to favour the local currency in anticipation of a dovish rate hike in the United States (US), said an analyst.
KUALA LUMPUR, March 3 — Bursa Malaysia’s main index retreated in early trade today as investors took profit in heavyweights after yesterday’s gains.
KUALA LUMPUR, Feb 23 — The ringgit has improved against the US dollar this morning, ahead of the release of the United States (US) Federal Open Market Committee meeting minutes data.
KUALA LUMPUR, Feb 21 — The ringgit opened lower against the US dollar today amidst quiet trading as the United States (US) markets were closed for Washington's Birthday holiday on Monday, a dealer said.
KUALA LUMPUR, Feb 20 — The ringgit recovered to open higher against the US dollar today on renewed buying interest ahead of the scheduled release of minutes from the US Federal Open Market Committee meeting and personal consumption expenditures (PCE) reading this week, said an analyst.
KUALA LUMPUR, Jan 12 — Growing optimism about slower interest rate hikes continued to heed the ringgit to end at a nine-month high on Thursday.
KUALA LUMPUR, Jan 5 — The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened after the United States (US) Federal Reserve (Fed) confirmed that it would continue to focus on rate hikes this year, dealers said.
KUALA LUMPUR, Dec 10 — The ringgit is expected to trade range-bound next week as investors remained cautious ahead of the United States Federal Open Market Committee (FOMC) meeting, said an analyst.
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