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Ringgit lower as rising US Treasury yields strengthen US dollar

KUALA LUMPUR: The ringgit opened lower versus the US dollar on the strengthening of the greenback due to rising US Treasury yields that continued to test cross-asset risk sentiment, with the US Congress on the cusp of sending a US$1.9 trillion stimulus bill to President Joe Biden for sign off, dealers said.
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Ringgit lower vs US dollar on surging US bond yields | Money

KUALA LUMPUR, March 5 — The ringgit opened lower versus the US dollar on Friday due to the strengthening greenback, which was supported by the surging US bond yields, dealers said. At 9.03am, the local currency slipped to 4.0680/0730 against the US dollar from 4.0550/0600 at Thursday’s close....
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Ringgit opens lower by 30 basis points against US dollar | Money

KUALA LUMPUR, March 4 — The ringgit failed to maintain its gains at the opening today, as it traded lower by 30 basis points (bps) against the US dollar, on lack of buying interest, said an analyst. At 9.05am, the local currency fell to 4.0520/0570 against the greenback from 4.0490/0530 at...
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Ringgit slighlty higher against US dollar on mild buying interest | Money

Tuesday, 02 Mar 2021 10:09 AM MYT At 9am, the ringgit stood at 4.0510/0550 versus the greenback from Monday’s close of 4.0550/0580. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, March 2 — The ringgit was slightly higher at opening today, buoyed by mild interest despite the stable US dollar and lower crude oil price which is trading at US$63.69 per barrel, down by 1.13 per cent. At 9am, the ringgit stood at 4.0510/0550 versus...
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Ringgit lower amid risk-off sentiment in crude oil market

KUALA LUMPUR:  The ringgit opened lower against the US dollar on Monday, hobbled partly by the domino effect of risk-off sentiment on the crude oil market as investors turned cautious ahead of next week’s Organisation of the Petroleum Exporting Countries (OPEC) meeting.
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Ringgit to continue upward momentum versus greenback next week | Money

Saturday, 20 Feb 2021 10:59 AM MYT The local note was traded mostly higher against other major currencies. — AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 20 — The ringgit is expected to continue its positive momentum against the US dollar next week, driven by bullish outlook on the global economic development, a dealer said. Axi chief global market strategist Stephen Innes said the rise in US yields will likely pause, which wou...
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