Page 20 - Ringgit News Today

KUALA LUMPUR, Dec 19 — The ringgit opened marginally lower against the US dollar today as investors remain cautious while waiting for forward guidance amid global market...

Greenback weakens due to US Federal Reserve’s dovish stance.

KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar on Tuesday as the greenback weakened due to the US Federal Reserve’s (Fed) dovish stance.

KUALA LUMPUR, Dec 19 — The ringgit rebounded to close higher against the US dollar today as the greenback weakened due to the US Federal Reserve’s (Fed) dovish stance. At 6...

The ringgit is expected to trend higher this week following the positive effects of China’s latest domestic stimulus and a pivot in the US Federal Reserve’s (Fed) policy stance, said SPI Asset Management managing partner Stephen Innes.

KUALA LUMPUR: The ringgit opened marginally lower today despite a falling US Dollar Index (DXY) as market expectation for an interest rate cut in 2024 supersedes statistical releases, including the better-than-expected US retail sales and initial jobless claims statistics, said an analyst.

KUALA LUMPUR: The ringgit opened higher today as the US dollar Index (DXY) declined after the US Federal Reserve (Fed) provided a clear signal on its monetary stance for next year. 

KUALA LUMPUR: The ringgit opened higher against the US dollar today amid cautious trade as investors kept an eye on major developments, including the release of US inflation data and Malaysia’s Cabinet reshuffling.

Local note strengthens to 4.6750/6800 v greenback.

Local note falls to 4.6830/6855 against the greenback.