Ringgit rebounds versus US dollar, Asean currencies ahead of US PMI data release
KUALA LUMPUR: The ringgit rebounded from yesterday's losses to end higher against the US dollar and ASEAN currencies, and was mostly firmer against other major currencies on Tuesday as investors await the United States Purchasing Managers' Index (PMI) June data release tonight.
Dollar hits one-year high on Fed hike bets; yen nears 40-year low
LONDON: The U.S. dollar rose to its highest level in more than a year on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching lower on ebbing Gulf tensions, while the yen flirted with a four-decade low.
Ringgit improves vs greenback amid progress in West Asia peace talks
KUALA LUMPUR: The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.
Ringgit eases against US dollar amid rising West Asia tensions
KUALA LUMPUR: The ringgit eased against the US dollar on Monday, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal Reserve (Fed) interest rate hike fuelled demand for the greenback.
Ringgit eases vs US$, mostly up against other currencies
KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday, but strengthened against other major currencies amid cautious trading as market players closely watched West Asia geopolitical tensions unfolding.
Ringgit expected to stay softer vs US dollar next week
KUALA LUMPUR: The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.
Ringgit closes lower against greenback amid continued expectation for Fed rate hike
KUALA LUMPUR: The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.
Yen nears weakest in 40 years as BOJ hike fails to stem rout
SINGAPORE: The yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a U.S.-Iran peace deal nor a rate hike in Japan managed to arrest its prolonged slide.
Ringgit opens higher against US dollar
KUALA LUMPUR: The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.
Ringgit closes lower against greenback on Fed rate hike expectations
KUALA LUMPUR: The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.
