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Saturday, September 21, 2019

Tag: currency trading

Ringgit higher against US dollar at opening

The gains however, are limited as most investors are cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee meeting today.

Ringgit opens flat against US dollar

Investors are staying cautious ahead of Bank Negara Malaysia’s monetary policy decision tomorrow.

Strong export data lifts ringgit in early trading

The higher trade surplus has helped strengthen the ringgit's sentiment.

Ringgit higher against dollar in early trade

A decline in US manufacturing activity could lead to more Federal Reserve rate cuts this year, thus making the ringgit more appealing for investors.

Ringgit falls against US dollar in early session

The fall is in line with the decline in global oil prices, which has led to weaker demand.

Ringgit continues downtrend against US dollar at opening

Asian currencies will likely remain on the back foot against a resurgent US dollar but not to a high degree.

Ringgit extends downtrend against US dollar

A slight uptick in oil prices has limited the losses seen in the ringgit, with Brent oil trading 0.65% higher.

Ringgit opens higher on improved Q2 growth expectations

The economy is expected to have expanded between 4.7% - 5% in the second quarter, a slight improvement from the growth seen in Q1.

Ringgit opens lower against dollar

At opening, the ringgit traded mixed against a basket of major currencies.

Pound seen hitting 34-year low if no-deal Brexit occurs

There is now a 30% chance that Britain will exit the bloc in October without a divorce agreement.

Ringgit opens higher against greenback

Investors have reacted positively that trade talks between the US and China will be resuming, boosting sentiment in the currency market.

Ringgit opens unchanged

The Ringgit opens flat against the US dollar as it continues to gain traction ahead of a expected US and European Central Bank (ECB) interest rate cut.

Ringgit slightly lower against US dollar

At 9.02am, the ringgit stood at 4.1080/1130 against the US dollar from 4.1070/1100 at yesterday’s close.

Ringgit opens higher against US dollar

At 9.05am, the local note stood at 4.1070/1120 versus the greenback compared with Friday’s close of 4.1140/1170.

Ringgit continues upward momentum against US dollar

At 9.15am, the ringgit stood at 4.1090/1120 versus the greenback compared with yesterday’s close of 4.1140/1170.

Ringgit opens slightly higher against US dollar

At 9.50am, the local currency stood at 4.1400/1430 versus the greenback compared to 4.1410/1440 at yesterday’s close.

Ringgit opens marginally higher against US dollar

At 9.10am, the ringgit stood at 4.1400/1430 against the greenback from Thursday’s close of 4.1420/1460.

China, Chile policies inspired me in dealing with ’97 crisis, says...

The prime minister speaks about his decision to impose the currency peg in 1998.

Far from ‘devalued’, euro surges as trade war hits yuan

The euro has risen to five-month highs compared to trading partners' currencies.

Ringgit opens higher against US dollar

At 9am, the ringgit was up to 4.1580/1620 against the greenback from 4.1730/1760 at Tuesday's close.

Economists hail proposal for gold-backed currency

They say it will curtail currency trading and help attract foreign investors.