Tag: US dollar
The ringgit rises against the US dollar as fears of a trade war between the US and Mexico simmered down, a dealer said.
The ringgit continues its rally to open higher against the US dollar, bolstered by de-escalating trade tensions between the US and 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.
The US is refraining from labeling Vietnam a currency manipulator based on new data the country provided the Treasury Department.
The ringgit is expected to remain weak although further downside risks could be limited as the currency is already at an oversold position.
The Ringgit opens lower again against the US dollar as investors are staying on the sidelines mainly due to external factors and the US-China trade tensions.
The Ringgit is continuing a downtrend as it lowers at 4.1715/1745 against the greenback compared with 4.1690/1720 yesterday.
A lack of fresh leads results in the Ringgit opening flat against the US dollar today.
The local unit trades at 4.0900/0950 against the greenback from Friday’s close of 4.0870/0900.
The local unit trades at 4.0800/0850 against the greenback from 4.0810/0840 at yesterday's close.
The local unit trades at 4.0770/0820 against the greenback from 4.0770/0810 at yesterday's close.
The local unit trades at 4.0800/0830 against the greenback from 4.0830/0870 at yesterday's close.
The local unit trades at 4.0820/0870 against the US dollar from 4.0790/0820 on Monday's closing.
The local unit trades at 4.0750/0800 against the US dollar from 4.0800/0850 last Friday.
The local unit trades at 4.0770/0820 against the greenback from 4.0760/0800 recorded yesterday.
The local currency trades at 4.0750/0830 compared with yesterday’s close of 4.0700/0750.
The ringgit traded at 4.0750/0790 compared with Tuesday’s close of 4.0700/0730.
The local currency trades at 4.0640/0680 compared with yesterday’s close of 4.0670/0700.
The local currency trades at 4.0650/0750 compared with Friday’s close of 4.0600/0650.
This came as a shock to many economists, since as recently as Sept, the Fed expected to raise rates three times this year.
A long pause on interest rates hikes by the US Federal Reserve weakened the dollar as the move indicates the risk to their outlook.
The ringgit opens slightly higher against the US dollar at 4.0880/0930 compared with 4.0890/0940 during Friday's close.
The ringgit opened higher at 4.0850/0880 against the US dollar from 4.0865/0905 at the close yesterday.
Shops offering scant and desperately sought basic items are increasingly demanding dollars as payment.