Weak American labour market report strengthens conviction of interest rate cut in next US FOMC meeting, says analyst
Traders, markets note that US' signs of economic weakness are becoming clearer, says analyst
Local note appreciation buoyed by rising expectations of US interest rate cut next month
US PCE inflation report tomorrow may affect ringgit's position, says analyst
Likely US Federal Reserve interest rate cut in September may affect exchange rate
Markets eyeing Jerome Powell's remarks at upcoming Jackson Hole Economic Policy Symposium
US Federal Reserve's assessment of tariff shocks' economic impact a contributing factor
US PPI failed to lift greenback on a sustained basis, says analyst
US tariff likely to take a toll on US economy, necessitating US Federal Reserve reducing Fed Fund Rate to provide economic support
KUALA LUMPUR, July 29 — The ringgit ended lower against the United States (US) dollar today as market traders await the outcome of the US Federal Open Market Committee (FOMC) meeting.
KUALA LUMPUR, July 17 — The ringgit rebounded this morning, opening higher against the US dollar amid reports of a softer stance by United States President Donald Trump towards China.
BEIJING, July 14 — China does not seek to gain an international competitive edge through currency depreciation, said the People's Bank of China's (PBOC) deputy governor Zou Lan, reported Xinhua.
KUALA LUMPUR, July 10 — The ringgit rebounded to end higher as the United States (US) dollar fluctuated on Thursday amid rising trade tensions after the US government issued new tariff threats on the global market.
KUALA LUMPUR, July 7 — The ringgit closed weaker against the United States (US) dollar on Monday but traded better against major currencies, as traders and investors are observing the US tariff situation.
KUALA LUMPUR, June 29 — Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in the United States' monetary policy.
KUALA LUMPUR, June 26 — The ringgit extended its gains against the greenback at the close on Wednesday, as United States (US) President Donald Trump ramped up pressure on the US Federal Reserve (US Fed) to cut interest rates.
KUALA LUMPUR, June 25 — The ringgit extended its upward momentum to open higher against the US dollar and other major currencies today, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.
KUALA LUMPUR, June 23 — The ringgit opened higher against the US dollar and a basket of major currencies today despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.
KUALA LUMPUR, June 21 — The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East.
KUALA LUMPUR, June 18 — The ringgit ended lower against the greenback today ahead of a decision on US interest rates later today and as the war between Israel and Iran continued to escalate.
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