7d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.
26d ago
KUALA LUMPUR, June 13 (Bernama) -- The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.
1m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 6 (Bernama) -- The ringgit continues to strengthen against the US dollar on Friday, as the United States (US) economic data points to further weakening amid concerns over tariffs and fiscal policies, an analyst said.
1m ago
KUALA LUMPUR, May 28 (Bernama) -- The ringgit marginally depreciated against the US dollar on Wednesday, weighed down by a firmer greenback following an improvement in United States consumer confidence and persistent concerns over global tariff developments.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- 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.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.
2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 26 (Bernama) -- 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 US data releases, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
4m ago
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.