NEW YORK, Nov 4 — Global stock indexes rose sharply, the United States (US) dollar dropped to a six-week low and benchmark 10-year US Treasury yields fell to five-week lows on Friday after data showed US job growth slowed more than expected in October.
KUALA LUMPUR, Oct 2 — The ringgit retreated from last week’s gains to close marginally lower against the US dollar today, in line with other emerging currencies.
ANKARA, Sept 21 — Oil prices declined more than one per cent on Thursday over demand concerns as the US Federal Reserve (US Fed) held its key interest rate steady and forecast fewer cuts next year, reported Anadolu.
KUALA LUMPUR, Aug 26 — The ringgit is likely to stay in a tight range between RM4.63 and RM4.65 against the US dollar next week amid cautious market sentiment.
KUALA LUMPUR, Aug 24 — The ringgit ended higher against the US dollar as weaker manufacturing purchasing managers index (PMI) flash estimates raised hopes for a dovish interest rate signal by major economies, especially the United States.
KUALA LUMPUR, Aug 23 — The ringgit ended lower against the US dollar on economic uncertainties, said an analyst.
KUALA LUMPUR, Aug 22 — The ringgit ended flat against the US dollar for the second consecutive day today, due to a lack of new catalysts, said an analyst.
KUALA LUMPUR, June 24 — The ringgit is anticipated to continue to slide against the US dollar next week as global economic uncertainty contributes to volatility in the emerging currency market, including the ringgit.
KUALA LUMPUR, June 22 — The United States Federal Reserve's (US Fed) chair Jerome Powell’s testimony before the House Financial Services Committee on combating US inflation and hints at raising interest rates has caused the ringgit to close lower against the US dollar today, marking its fourth consecutive day of decline.
KUALA LUMPUR, June 21 — The ringgit ended lower against the US dollar for the third consecutive day today as global uncertainties continue to weigh on the local currency's performance, particularly in light of the US Federal Reserve (Fed) chairman Jerome Powell's expected hawkish bias in his congressional testimony later today and fading optimism about China's economy.
MOSCOW, June 5 — Bank of America chief executive officer Brian Moynihan said on Sunday (June 4) the United States (US) may face a mild recession in the second half of this year and in the first quarter of the next year.
WASHINGTON, March 23 — The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two US banks.
SINGAPORE, March 6 — The US dollar was broadly lower on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards a February jobs report at the end of the week that will likely influence how hawkish the US central bank will be.
KUALA LUMPUR, Dec 15 — The ringgit weakened against the US dollar today in line with Asian foreign exchange (FX) markets after the greenback rose as the US Federal Reserve (Fed) was perceived to be more hawkish than expected.
KUALA LUMPUR, Dec 1 — External forces have continued to propel the ringgit to close higher against the US dollar on the first trading day for December, said a dealer.
KUALA LUMPUR, Sept 5 — The ringgit continued its downward momentum from last week to open marginally lower against the US dollar today as investors reacted to the positive US jobs data released last week, an analyst said.
KUALA LUMPUR, Aug 29 — The ringgit fell back to its lowest level since January 2017 against the US dollar as the greenback rallied to hit a 20-year high against major currencies after US Federal Reserve (Fed) Chair Jerome Powell emphasised that higher interest rates will likely continue for some time.
KUALA LUMPUR, Aug 23 — The ringgit ended weaker versus the US dollar on Tuesday as the greenback continued to strengthen amidst growing risk-off sentiment, an analyst said.
KUALA LUMPUR, June 30 — The ringgit ended lower versus the US dollar for the second consecutive day today as the hawkish stance by the United States (US) Federal Reserve (Fed) to keep raising interest rates boosted the greenback, said an analyst.
KUALA LUMPUR, May 18 — The ringgit closed lower against the US dollar today after a positive start yesterday due to firmer demand for the greenback as markets interpreted the US Federal Reserve chairman’s hawkish comments on easing price pressures, analysts said.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.