KUALA LUMPUR, May 23 — The ringgit closed higher against the United States (US) dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.
KUALA LUMPUR, May 23 — The ringgit opened stronger against the US dollar on Friday due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.
KUALA LUMPUR, May 22 — The ringgit opened higher against the United States (US) dollar on Thursday as the greenback depreciated due to weaker US economic data recorded.
KUALA LUMPUR, May 21 — The ringgit ended higher today as concerns over the fiscal health of the United States continued to weigh on the greenback.
KUALA LUMPUR, May 21 — The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.
KUALA LUMPUR, May 20 — The ringgit retreated against the greenback on Tuesday despite the weaker US Dollar Index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.
KUALA LUMPUR, May 20 — The ringgit opened marginally lower against the US dollar today as traders remained cautious ahead of a possible interest rate cut by the United States Federal Reserve (Fed), an analyst said.
KUALA LUMPUR, May 19 — The ringgit ended higher against the United States (US) dollar today, supported by a weaker US Dollar Index (DXY), which fell 0.71 per cent to 100.376 following a downgrade of the United States government's sovereign credit rating.
KUALA LUMPUR, May 19 — The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.
KUALA LUMPUR, May 17 — The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, May 16 — The ringgit closed lower against the United States (US) dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the US.
KUALA LUMPUR, May 16 — Positive macroeconomic prospects and the ongoing implementation of structural reforms will provide medium-term support for the ringgit, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, May 15 — The ringgit closed marginally higher against the United States (US) dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.
KUALA LUMPUR, May 15 — The ringgit opened slightly lower against the US dollar as traders continue to observe the potential trade deal between the United States and China, along with geopolitical risks, said an economist.
KUALA LUMPUR, May 14 — The ringgit closed firmer against the American dollar on Wednesday, supported by improved risk sentiment following a lower-than-expected United States (US) inflation reading and easing US Treasury yields.
KUALA LUMPUR, May 14 — The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
KUALA LUMPUR, May 13 — The ringgit closed lower against the United States (US) dollar today as investors scaled back their expectations for the United States Federal Reserve (US Fed) to cut interest rates.
KUALA LUMPUR, May 13 — The ringgit opened slightly higher against the United States dollar today, supported by positive sentiment from US-China diplomatic negotiations on US’ reciprocal tariffs, an analyst said.
KUALA LUMPUR, May 10 — The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
KUALA LUMPUR, May 9 — The ringgit closed lower against the United States (US) dollar on Friday as news about a possible trade deal between the US and China by the end of the week spurred interest in the greenback.
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