11d ago
KUALA LUMPUR, Oct 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,100 and US$4,300 per troy ounce next week, with the precious metal expected to remain highly sensitive to United States economic data and broader monetary policy expectations.
11d ago
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.
12d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday, in line with firmer global bullion prices, and amid continued caution ahead of the US nonfarm payrolls report tonight.
12d ago
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.
12d ago
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.
13d ago
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).
13d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 1 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, pressured by weak demand from China, although concerns over supply disruptions supported prices, a dealer said.
13d ago
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.
14d ago
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.
14d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market ended higher, tracking gains in regional rubber futures markets amid concerns over supply disruptions, said a dealer.
14d ago
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.
15d ago
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.