KUALA LUMPUR, Dec 29 — The ringgit traded marginally lower against the US dollar at the opening today following an uptick in geopolitical concerns around China's border reopening and Russia's new oil ban, said an analyst.
KUALA LUMPUR, Dec 28 — The ringgit ended lower against the US dollar at the close today in line with the performance of regional currencies as the greenback remained firm, supported by a spike in the benchmark United States (US) Treasury yields.
KUALA LUMPUR, Dec 28 — The ringgit opened lower against the US dollar today on better demand for the greenback amid strong United States (US) Treasury yields, analysts said.
KUALA LUMPUR, Dec 27 — The ringgit ended slightly higher against the US dollar at the close today as the greenback retreated, struggling to find demand on Tuesday, following the three-day weekend.
KUALA LUMPUR, Dec 27 — The ringgit opens higher versus the US dollar today due to a lack of demand for the greenback during the holiday season.
KUALA LUMPUR, Dec 24 — The ringgit is likely to trade higher against the US dollar next week, between the 4.41 and 4.43 level, with traders keeping a keen eye on China and the movement of oil prices, said an analyst.
KUALA LUMPUR, Dec 23 — The ringgit slipped further against the US dollar at the close today ahead of the long weekend due to the Christmas holiday.
KUALA LUMPUR, Dec 22 — The ringgit rebounded from five days of losses to end higher against the US dollar on Thursday, as stronger external factors boosted sentiment for the domestic currency, said an analyst.
KUALA LUMPUR, Dec 21 — The ringgit ended lower against the US dollar for the five consecutive day today, weighed down by further monetary policy tightening by global central banks seen on the horizon.
KUALA LUMPUR, Dec 17 — Bullish expectations for the ringgit would be put on hold next week, with the currency’s movement leaning towards the downside at between 4.42 and 4.44 against the US dollar next week, said an analyst.
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 14 — The ringgit ended higher against the US dollar today as the greenback retreated after the US Consumer Price Index (CPI) continues to soften in November, leading the US Treasury two-year yields to drop, analysts said.
KUALA LUMPUR, Dec 13 — The ringgit extended its downward movement against the US dollar at closing today as sentiment remained jittery ahead of the US Consumer Price Index (CPI) data to be released later today, analysts said.
KUALA LUMPUR, Dec 12 — The ringgit closed lower against the US dollar today as the greenback strengthened ahead of interest rate decisions from multiple central banks.
KUALA LUMPUR, Dec 12 — The ringgit opened flat against the US dollar today, dampened by external factors as markets are hedging for a hawkish United States (US) Federal Reserve (Fed) meeting outcome due to sticky inflation.
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.
KUALA LUMPUR, Dec 9 — The ringgit ended the final day of the trading week lower, once again touching the 4.40 mark against the US dollar due to worries about the global economic outlook and murky outlook on China’s economy, said an analyst.
KUALA LUMPUR, Dec 9 — The ringgit opened slightly higher against the US dollar today as the greenback retreated amidst risk-on mode, which saw United States (US) equities improving despite the absence of a fresh catalyst.
KUALA LUMPUR, Dec 8 — The ringgit opened higher against the US dollar today as the upside in the greenback seemed to be capped amidst improving risk appetites among market participants, an analyst said.
KUALA LUMPUR, Dec 3 — The ringgit is expected to trade between the 4.38 and 4.40 level against the US dollar next week with an upward bias, especially if foreign exchange (FX) markets continue to price in a slowdown in the US interest rate hike cycle with Malaysia’s new Cabinet offering further support.
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