4h ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit opened flat against the US dollar on Friday as external factors, including expectations of a restrictive US monetary policy, offset support from a weaker greenback.
1d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia remained lower at midday due to continuous profit-taking after hitting a four-day high.
1d ago
By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.
2d ago
By Muhammad Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday, supported by a weaker US Dollar Index (DXY) as investors reassessed the outlook for US interest rates following signals that the Federal Reserve may adopt a less aggressive monetary policy stance.
6d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade between US$4,160 and US$4,180 per troy ounce next week, as markets expect the US Federal Reserve to hold interest rates steady in October following weak US jobs data, an analyst said.
13d ago
KUALA LUMPUR, Oct 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,100 and US$4,300 per troy ounce next week, with the precious metal expected to remain highly sensitive to United States economic data and broader monetary policy expectations.
13d ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.
13d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday, in line with firmer global bullion prices, and amid continued caution ahead of the US nonfarm payrolls report tonight.
15d ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia continued its downtrend at midday amid selling pressure, tracking mixed global market performance as risk sentiment remained capped by the relentless rise in United States Treasury yields.
15d ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s mixed performance as higher US Treasury yields and ongoing tensions in West Asia dampened buying interest.
15d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit ended slightly higher against the greenback on Wednesday, supported by expectations that the US Federal Reserve (Fed) may hold off on raising interest rates next month following weaker-than-expected consumer sentiment data.
16d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 30 (Bernama) --The ringgit opened lower against major currencies including the US dollar on Wednesday as weaker US consumer data weighed on investor sentiment and reduced risk appetite in the foreign exchange market.