Carian mengenai topik us-dollar

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.

Dr Mohd Afzanizam Abdul Rashid said the US presidential election next week will be high on the agenda.

The BRICS club of emerging economies may be a long way from rivalling the IMF or challenging US dollar dominance.

The ringgit traded higher against the US Dollar in today's early session, driven by continued buying interest towards the local currency.

Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.

Dr Mohd Afzanizam Abdul Rashid said attention on Friday's budget announcement would drive market sentiment this week.

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.

Traders are reassessing their stand on the US Fed's next move given the high possibility that a soft-landing scenario would materialise.

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

At the opening, the ringgit traded mostly lower against a basket of major currencies.

The market appears to be expecting a Fed rate cut of between 25 and 50 basis points, says Dr Mohd Afzanizam Abdul Rashid.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.

BNM held the interest rate steady as the current monetary policy stance remains supportive of the economy.

Dr Mohd Afzanizam Abdul Rashid said the US equities market fell quite significantly.

Dr Mohd Afzanizam Abdul Rashid said the ringgit should stay positive today as the Fed is on track to reduce its interest rates this month.