Ringgit Opens Higher Against US Dollar As Weaker US Jobs Data Weighs On Greenback

By K. Naveen Prabu

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit opened higher against the US dollar on Monday, following reduced expectations of a United States Federal Reserve (Fed) interest rate hike amid weaker-than-expected US jobs data, which is weighing on the greenback.

Ringgit Expected To Gain Ground Next Week Amid Weaker US Jobs Data

KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.

Ringgit Ends Slightly Higher After Cautious Range-Bound Trading

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit ended slightly higher against the US dollar today after trading in a narrow range, as market sentiment remained cautious amid heightened global uncertainties.

Ringgit Opens Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Friday, supported by stronger demand for the local currency despite firmer US economic data that strengthened the greenback.

Ringgit Ends Higher Against Major Currencies, Easier Vs Greenback

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit ended higher against a basket of major currencies but slid against the US dollar on Thursday, as the greenback remained well supported despite waning expectations of an interest rate hike by the United States (US) Federal Reserve (Fed).

Ringgit Opens Higher Against Major Currencies, Slightly Lower Vs US Dollar

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit opened higher against a basket of major currencies but slightly lower against the US dollar on Thursday, weighed by stronger-than-expected US economic data that supported the greenback.

Ringgit Ends Slightly Higher Against Greenback On Fed Rate Outlook

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit ended slightly higher against the greenback on Wednesday, supported by expectations that the US Federal Reserve (Fed) may hold off on raising interest rates next month following weaker-than-expected consumer sentiment data.

Ringgit Opens Lower Against Major Currencies, US Dollar

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 30 (Bernama) --The ringgit opened lower against major currencies including the US dollar on Wednesday as weaker US consumer data weighed on investor sentiment and reduced risk appetite in the foreign exchange market.

Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.

Ringgit Opens Slightly Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, with elevated geopolitical risks continuing to favour defensive positioning.

Ringgit Ends Lower Against US Dollar On Hawkish Fed Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit ended lower against the US dollar on Monday, weighed down by continued hawkish sentiment surrounding US interest rates.

Ringgit Opens Mostly Higher Against Major Currencies, Lower Vs US Dollar

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit opened mostly higher against major currencies but slightly lower against the US dollar, with geopolitical uncertainties supporting demand for the greenback.