Ringgit has potential to climb further to 3.78 level vs US dollar
KUALA LUMPUR: The Malaysian ringgit has the potential to climb further to the 3.78 level against the US dollar following the US Supreme Court's decision to strike down President Donald Trump's tariff policy, with the move seen benefiting emerging markets like Malaysia.
Ringgit firmer versus US dollar at close after US Supreme Court ruling on trump tariffs
KUALA LUMPUR: The ringgit closed higher against the US dollar on Monday, staying at the 3.88 level since opening trade after the US Supreme Court struck down a large part of President Donald Trump's tariff policy last Friday.
Ringgit eyes RM3.87 support as bullish momentum persists
KUALA LUMPUR: The ringgit may attempt to breach the immediate support level of RM3.87, with the next support level at RM3.65, as bullish momentum persists amid renewed uncertainty surrounding Washington's tariff policies, said an economist.
Dollar dips as Trump's tariff wall slips
SINGAPORE: The dollar fell on Monday as traders took the U.S. Supreme Court's decision to strike down most of President Donald Trump's tariffs as supportive for global growth, though confusion and risk of conflict in the Middle East kept moves relatively small.
Ringgit touches an eight-year high vs US dollar at opening
KUALA LUMPUR: The ringgit touched an eight-year high against the US dollar at today's opening, supported by strong domestic economic data and a softer US growth outlook, as markets digested renewed uncertainty surrounding Washington's tariff policies, said an economist.
Ringgit likely to trade cautiously next week ahead of key US data
KUALA LUMPUR: The ringgit is expected to trade cautiously next week ahead of key data points in the United States, including the Conference Board Consumer Confidence Index and producer price index (PPI), as well as speeches by several Federal Reserve officials.
Ringgit closes higher against greenback on cautious market sentiment
KUALA LUMPUR: The ringgit closed higher against the US dollar on Friday, supported by cautious market sentiment amid ongoing negotiations between the US and Iran regarding the nuclear programme, said an economist.
Ringgit opens higher vs US$ amid geopolitical tensions
KUALA LUMPUR: The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said.
Ringgit, peso among Asean currencies weighed down by firmer US$
KUALA LUMPUR: The ringgit and the Philippine peso were among the ASEAN currencies weighed down by a stronger US dollar at the close today after the latest Federal Open Market Committee (FOMC) minutes signalled the possibility of an interest rate hike, said an economist.
Ringgit opens lower vs US$ following FOMC minutes
KUALA LUMPUR: The ringgit eased against the US dollar at the opening on Thursday, as the greenback strengthened amid Federal Open Market Committee (FOMC) minutes which signalled a potential interest rate hike, an analyst said.
