Page 53 - Forex News Today

KUALA LUMPUR: The ringgit is expected to maintain its strength against the US dollar this month due to the greenback’s seasonal weakness and ahead of continuing disinflationary expectations in the US, according to Kenanga Research.

BRUSSELS — In a recent four-page letter, ex-UN official Craig Mokhiber criticized the international community for failing to stop a “genocide unfolding before our eyes” in Gaza.The US human rights...

KUALA LUMPUR: The ringgit traded lower against the US dollar at the opening today as the US Dollar Index (DXY) gained 0.1 per cent to 104.153 points as traders betted on an early rate cut by the European Central Bank, strengthening the greenback.

Myanmar's central bank will no longer set exchange rates for foreign currencies and will allow banks and dealers to decide rates themselves, according to state media, in a rare easing of some of its tight forex controls. With Myanmar's economy in tatters after a 2021 coup and foreign reserves under pressur

KUALA LUMPUR: The ringgit ended lower against the US dollar for the third consecutive day despite signs that a weak labour market in the United States (US) could tilt the US Federal Reserve’s (Fed) monetary stance towards an easing bias.

China foreign exchange reserves came in at 3.1718 trillion U.S. dollars at the end of November, up from 3.1012 trillion dollars at the end of October,.....

ROME — Italy will pull out of China's flagship Belt and Road Initiative (BRI), the government has confirmed.Prime Minister Giorgia Meloni's administration notified Beijing that it would cease...

MOST Asian currencies were muted on Wednesday, as the dollar gained ground after the latest jobs data from the United States indicated a cooling labour market, while traders awaited more economic data to assess the prospects for rate cuts by the Federal Reserve.

Cyprus President Nikos Christodoulides will visit Egypt and Jordan on Tuesday as part of an initiative to establish a humanitarian aid corridor to Israeli-besieged Gaza. Cyprus, the closest European Union member state to the Middle East, has offered to host and operate facilities for sustained aid directly into the Gaza Strip once hostilities between Israel and the Palestinian militant Hamas...

SYDNEY, Dec. 4, 2023 /PRNewswire/ -- FP Markets has again been recognised for its outstanding Trading solutions, receiving the Best Forex Trading Tools 2023 ...