Yen climbs as traders watch for further intervention
SINGAPORE: The yen leapt on Monday, keeping traders on alert for further intervention from authorities to shore up Japan's historically weak currency, days after Tokyo and Washington jointly intervened in the foreign exchange market.
Ringgit opens higher against US$ ahead of key US economic data
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.
Japan to announce joint action with US on yen
TOKYO: Japanese Finance Minister Satsuki Katayama will announce today that Tokyo and Washington have taken joint action in the currency market to arrest the yen's slide to 40-year lows, two Japanese government officials tell Reuters.
Ringgit expected to trade between 4.07 and 4.09 against US dollar next week
KUALA LUMPUR: The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve's interest rate outlook.
Ringgit ends week marginally higher against US dollar
KUALA LUMPUR: The ringgit ended the week marginally higher against the US dollar following weaker-than-expected US economic data, although sentiment towards the greenback remained firm, as expectations of a Federal Reserve (Fed) interest rate hike in September stayed intact.
Ringgit opens higher as weaker US data weighs on dollar
KUALA LUMPUR: The ringgit opened higher against the US dollar on Friday as the greenback weakened following softer United States (US) economic data, an analyst said.
Ringgit closes mostly higher regionally, unchanged against US dollar
KUALA LUMPUR: The ringgit closed mostly higher against regional currencies and was flat against the US dollar on Thursday, following the latest US Federal Open Market Committee (FOMC) decision to stand pat.
Ringgit opens higher as US Fed hold rate steady
KUALA LUMPUR: The ringgit opened higher against the US dollar, supported by the weaker greenback after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.
Ringgit edges higher against US$ as investors await FOMC outcome
KUALA LUMPUR: The ringgit closed marginally higher against the US dollar on Wednesday as investors remained on the sidelines ahead of the outcome of the United States Federal Open Market Committee's (FOMC) meeting.
Ringgit opens higher vs greenback on improved local sentiment
KUALA LUMPUR: The ringgit opened higher against the US dollar today, as market sentiment was boosted by Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour's positive remarks yesterday and expectations of a shift in the United States (US) Federal Reserve policy.
