Ringgit Swap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Global forex market
THE dollar weakened by 0.27% to 90.61, marking the fourth consecutive week of decline. As a result, the dollar’s year-to-date gains have narrowed to a mere 0.8% as at April 29, versus its peak of 93.30 or 3.2% a month ago. Nonetheless, the dollar’s trade remained choppy during the week, albeit at a modest level.
All eyes were the FOMC meeting as well as US corporate earnings with many companies delivering stronger-than-expected results. The FOMC meeting ended broadly in line with expectations as the Fed unanimously voted to keep rates unchanged at a record low of 0.00% to 0.25%, while maintaining the current pace and composition of bond purchases. ....

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