Expectations of a rate cut at the Fed's June 18-19 meeting have fallen to a probability of around 20%.
The ringgit continues its rally to open higher against the US dollar, bolstered by de-escalating trade tensions between the US and Mexico.
Asia stocks look set for gains and US equity futures climb after President Donald Trump suspended his plans for tariffs on Mexico.
Sterling rises to a two-week high after weak US jobs data weighed on the dollar and bolstered the case for a Federal Reserve interest rate cut.
Investors in rupee corporate bonds anticipate on whether a major Indian shadow lender will repay approximately US$18 million of bond payments to help avoid worsening the reputation of the nation’s credit markets.
At 9am, the ringgit was up to 4.1750/1790 against the greenback from 4.1800/1840 at yesterday's close.
He says this would be more stable than the current currency trading, which is manipulative.
At 9am today, the ringgit was quoted at 4.1905/1945 against the greenback compared to 4.1910/1940 from Thursday’s close.
The ringgit is expected to remain weak although further downside risks could be limited as the currency is already at an oversold position.
The Aussie sank to 68.68 cents last week amid a rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon.
Revised gross domestic product figures are the next thing to watch for clues on the trajectory of the Singapore dollar.
This year’s attendance fell short of the 2018 count of 8,000, as only 4,800 people came to the event.
The biggest cryptocurrency has more than doubled since its Dec 14 trough and is now rising for a sixth-straight day.
Global investors cautious as US steps up trade war with China.
The sterling surged above US$1.31 Friday to head for its biggest weekly gain since March.
At 9 am, the ringgit was lower at 4.1400/1430 compared with 4.1355/1385 at Thursday's close.
The ringgit was traded at 4.1310/1350 against the greenback in early trade from 4.1310/1340 on Friday's close.
The local unit traded at 4.1340/1370 against the greenback from 4.1340/1380 at close yesterday.
Volatility in the currency has fallen to the lowest in years.
Resumption of Bandar Malaysia project and likely favourable March inflation data add to the good news on the home front.
The local unit was traded at 4.1400/1440 against the greenback from 4.1330/1360 at yesterday's close.
The ringgit was traded at 4.1340/1390 against the greenback from 4.1310/1350 recorded at yesterday's close.
The local unit was traded at 4.1110/1150 against the greenback from 4.1080/1110 recorded at yesterday's close.
The ringgit was traded at 4.1070/1150 against the greenback from 4.1120/1170 at Friday's close.