KUALA LUMPUR, Dec 16 — The ringgit ended marginally lower against the US dollar on Monday, extending its loss for a sixth consecutive session on cautious market sentiment ahead of the US Federal Open Market Committee (FOMC) meeting scheduled for December 17-18.
WASHINGTON, March 7 — US Federal Reserve Chair Jerome Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action, reported Xinhua.
KUALA LUMPUR, March 7 — The ringgit opened firmer against the US dollar today on improved sentiment ahead of the Monetary Policy Committee’s (MPC) announcement on the Overnight Policy Rate (OPR) later today.
KUALA LUMPUR, March 6 — The ringgit opened marginally lower versus the US dollar today as investors are wary about the latest assessment by the United States Federal Reserve (Fed) on the state of the economy, said an analyst.
KUALA LUMPUR, Feb 28 — The Malaysian rubber market closed mixed today, influenced by the decline in benchmark crude oil prices as well as a stronger ringgit against the US dollar, a dealer said.
KUALA LUMPUR, Feb 27 —The ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate cut decision in anticipation of an economic recession in the US this year, said Capital Dynamics Asset Management Sdn Bhd managing director Tan Teng Boo.
KUALA LUMPUR, Nov 29 — The ringgit continued its upward momentum to open higher against the US dollar today as the United States (US) Treasury yields and dollar indices dropped to their lowest in months, said an analyst.
KUALA LUMPUR, Oct 12 — The ringgit snapped two consecutive days of gains to open lower against the US dollar on cautious sentiment despite the weaker performance of the greenback.
KUALA LUMPUR, Oct 11 — The ringgit continued its upward momentum to open higher against the US dollar today as the United States (US) Treasury yield slid following dovish comments from the US Federal Reserve (Fed) officials, said an analyst.
KUALA LUMPUR, Oct 10 — The ringgit opened higher against the US dollar today as the greenback weakened following dovish comments from top US Federal Reserve (Fed) officials about the interest rate outlook, said an analyst.
KUALA LUMPUR, Sept 15 — The ringgit ended the week slightly higher against the US dollar, supported by China’s latest better-than-expected economic data, which lifted ringgit and regional sentiments.
KUALA LUMPUR, Sept 1 — The ringgit continued to uptrend against the US dollar today as the greenback was traded cautiously ahead of the United States (US) non-farm payrolls data for August to be released later today, said an analyst.
KUALA LUMPUR, Aug 30 — The ringgit opened higher against the US dollar today as the greenback retreated following the release of the United States’ (US) economic data which came in below expectations, as well as the improvement in risk appetite, said an analyst.
KUALA LUMPUR, Aug 29 — The ringgit opened marginally better against the US dollar today, with the US dollar Index remaining depressed after reversing an 11-week high.
KUALA LUMPUR, Aug 24 — The ringgit opened higher against the US dollar this morning on weaker manufacturing purchasing managers index (PMI) flash estimates for advanced economies, said an analyst.
UALA LUMPUR, Aug 23 — The ringgit opened lower against the US dollar this morning as market participants awaited more signals from the US Federal Reserve (US Fed) ahead of the Jackson Hole Symposium, said an analyst.
KUALA LUMPUR, May 2 — The ringgit opened lower against the US dollar on the first trading day of the month, and is expected to linger around the RM4.46-level today as market sentiments remain uncertain, a dealer said.
KUALA LUMPUR, March 9 — The ringgit opened marginally higher against the US dollar today, recovering from its sharp fall yesterday after the US dollar surged due to the likelihood of the United States (US) Federal Reserve (Fed) raising the interest rate.
KUALA LUMPUR, March 8 — The ringgit retreated from previous days' gains to open lower against the US dollar today as the greenback strengthened following the United States (US) Federal Reserve’s (Fed) hawkish Semiannual Monetary Report to the US Congress, an analyst said.
KUALA LUMPUR, March 7 — The ringgit opened marginally higher against the US dollar today as the greenback took a breather following a small pullback in Treasury yields yesterday and ahead of the United States (US) Federal Reserve’s (Fed) Semiannual Monetary Report to Congress, said an analyst.
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