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
Ringgit rebounds, opens slightly higher against US dollar
Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.
Tue Oct 29 2024
Ringgit opens slightly higher against US dollar
Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.
Mon Oct 28 2024
ANALYSIS - Spurred by shared grievances, BRICS gathers pace
The BRICS club of emerging economies may be a long way from rivalling the IMF or challenging US dollar dominance.
Sat Oct 26 2024
Ringgit extends positive momentum to open higher against US dollar
The ringgit traded higher against the US Dollar in today's early session, driven by continued buying interest towards the local currency.
Mon Oct 21 2024
Ringgit opens marginally higher vs US dollar, traders await Budget 2025
Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.
Fri Oct 18 2024
Ringgit rises against US dollar on Budget 2025 outlook
Dr Mohd Afzanizam Abdul Rashid said attention on Friday's budget announcement would drive market sentiment this week.
Mon Oct 14 2024
Ringgit opens higher against US dollar on firmer oil prices
Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Ringgit opens marginally higher vs US dollar as traders assess Feds next move
Traders are reassessing their stand on the US Fed's next move given the high possibility that a soft-landing scenario would materialise.
Mon Oct 07 2024
Ringgit kicks off the week in steady mode, bullish outlook remains
The ringgit opened almost flat and is expected to retain its bullish trend as the US Fed rate cut last week signalled a soft landing for the US economic growth
Mon Sep 23 2024
Ringgit opens stronger vs greenback amid hopes of US rate cuts
At the opening, the ringgit traded mostly lower against a basket of major currencies.
Tue Sep 17 2024