Ringgit opens higher against US dollar on stronger GDP growth in 4Q 2024
According to Mohd Afzanizam, the ringgit is poised for positive starts today amid signs of weaker consumer spending in the United States.
Mon Feb 17 2025
Ringgit opens slightly lower against US dollar
Dr Mohd Afzanizam Abdul Rashid says DXY has gained momentum after Donald Trump issued an executive order to raise import tariffs.
Mon Feb 03 2025
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar
Trump warns BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs threat.
Fri Jan 31 2025
Prestasi Ringgit: Dijangka diniagakan berhati-hati menjelang pengumuman kadar faedah AS
Ringgit dijangka diniagakan berhati-hati berbanding dolar Amerika Syarikat (AS) pada minggu ini menjelang mesyuarat Jawatankuasa Pasaran Terbuka Persekutuan AS pada 28-29 Januari ini.
Mon Jan 27 2025
Ringgit opens lower against US dollar in early trade
Dr Mohd Afzanizam Abdul Rashid says the US labour market remains resilient, with the latest non-farm payroll data exceeding expectations.
Mon Jan 13 2025
Ringgit opens firmer despite safe-haven demand
The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency.
Tue Dec 31 2024
Ringgit opens slightly higher vs greenback
The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan's stabilisation after the People's Bank of China decided against cutting rates earlier this week
Thu Dec 26 2024
Ringgit rises against US dollar as DXY declines
Dr Mohd Afzanizam Abdul Rashid says the DXY slipped to 107.621 points after exceeding 108 points last Friday.
Mon Dec 23 2024
Ringgit up marginally against US dollar in early trade
Dr Mohd Afzanizam Abdul Rashid says the focus for the week would be on the two-day FOMC meeting which begins tomorrow.
Mon Dec 16 2024
Ringgit slightly higher against US dollar in early trade
The ringgit traded marginally higher against a basket of major currencies.
Mon Dec 02 2024
US dollar edges lower
The dollar index, which measures the greenback against six major peers, decreased by 0.86 per cent.
Thu Nov 28 2024
Ringgit opens higher against US dollar
Dr Mohd Afzanizam Abdul Rashid says that US President-elect Donald Trump's cabinet selections are drawing significant attention.
Mon Nov 25 2024
Ringgit weakens versus US dollar as global uncertainties intensify
Dr Mohd Afzanizam says, the ringgit is already oversold, indicating that its downside risks are limited.
Mon Nov 11 2024
Ringgit opens higher despite stronger US dollar on Trump's return to presidency
President-elect Trump is expected to favour populist measures which could drive higher domestic demand and corporate earnings growth.
Thu Nov 07 2024
Anxious global investors brace for long-awaited US election results
Investors are wary of prolonged vote counts and contested results that could fuel volatility.
Tue Nov 05 2024