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Gold Futures End Lower As Eyes On US Rate Decision

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance on the US Commodity Exchange (COMEX), amid rising expectations of a US interest rate hike following US Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium

Ringgit Ends Lower After US Fed Hints At Rate Hike

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 1 (Bernama) --The ringgit ended lower against the greenback on the first trading day of September on rising expectations of a US interest rate hike after Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium.

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.

Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Gold Futures Expected To Hold Firm Next Week On Lower Rate-Hike Odds

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.

Ringgit Ends Lower Against Greenback On Cautious Sentiment Ahead Of Fed Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit ended lower against the greenback on Thursday amid cautious sentiment ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

Ringgit Up Against Greenback On Softer US Treasury Yields Ahead Of Jackson Hole Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

Ringgit Gains As US Debt Weighs On Greenback, Easing Rate Hike Expectations

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.

Ringgit Firms Against Greenback At Close On Late Buying Ahead of FOMC Minutes

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.

Ringgit Opens Higher Vs US Dollar As Fed Rate Hike Expectations Ease

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its September meeting has receded, an economist said.

Ringgit Extends Gains To Close Higher Vs Major, Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.

Ringgit Strengthens Vs Major Currencies, Little Change Against Greenback

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.