KUALA LUMPUR, May 9 — The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.
KUALA LUMPUR, May 8 — The ringgit closed lower against the US dollar on Thursday as confidence in the greenback is deemed to have returned.
KUALA LUMPUR, May 8 — The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the United States’ Federal Reserve left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.
KUALA LUMPUR, May 7 — The ringgit ended slightly lower against the US dollar on Wednesday, close ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow.
KUALA LUMPUR, May 7 — The ringgit rose against the US dollar in early trade today, bolstered by a weaker US dollar index and a drop in US Treasury yields, signalling persistent risk-off sentiment.
KUALA LUMPUR, May 6 — The ringgit closed lower against the US dollar today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting.
KUALA LUMPUR, May 6 — The ringgit extended gains, opening stronger against the US dollar today, supported by ongoing positive sentiment towards the local currency, said an analyst.
KUALA LUMPUR, May 5 — The ringgit edged up slightly against the US dollar today, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst.
KUALA LUMPUR, May 3 — The ringgit is likely to trade cautiously next week as investors focus on monetary policy decisions both domestically and in the United States (US).
KUALA LUMPUR, May 2 — The ringgit opened marginally higher against the greenback today, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said.
KUALA LUMPUR, April 30 — The ringgit continued to close firmer against the greenback on Wednesday as the United States (US) Dollar Index remained below the 100-point level amid softer demand.
KUALA LUMPUR, April 30 — The ringgit opened higher and maintained its uptrend against the US dollar in the early session today, despite the greenback maintaining its appeal as a safe-haven currency following a 0.23 per cent gain in the US Dollar Index (DXY) to 99.237 points.
KUALA LUMPUR, April 29 — The ringgit continued to appreciate against the United States (US) dollar to end firmer today, closing at over six-month high, driven by signs of easing global trade tensions, an analyst said.
KUALA LUMPUR, April 29 — The ringgit continued its uptrend in early trade on Tuesday, strengthening against the US dollar on buying interest in the local note, amid a decline in the US Dollar Index (DXY).
KUALA LUMPUR, April 28 — The ringgit rebounded against the United States (US) dollar today to finish at more than a five-month high amid renewed interest following encouraging tariff talks between Malaysia and the US government.
KUALA LUMPUR, April 28 — The ringgit opened little changed against the greenback today, as the US Dollar Index (DXY) ended a four-week losing streak after recent weakness below the 100-point mark.
KUALA LUMPUR, April 26 — The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key United States (US) data releases, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, April 25 — The ringgit ended the week lower as the greenback gains on hopes of an easing United States (US)-China trade war.
KUALA LUMPUR, April 25 — The ringgit opened marginally higher against the US dollar on Friday, as the greenback reacted to growing prospects of a lower US Federal Reserve interest rate.
KUALA LUMPUR, April 24 — The ringgit closed stronger against the US dollar on lower greenback demand, amid a decline in investor confidence due to ongoing US-China trade tensions and a lack of progress in negotiations.
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