Ringgit Stays Bullish Vs US Dollar At Close As US Debt Weighs On Greenback

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit continued its bullish momentum to close higher against the US dollar on Thursday, as the US national debt, which surpassed US$40 trillion for the first time, weighed on the greenback.

Bursa Malaysia Ends Higher As Easing US Treasury Yields Boost Risk Appetite

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia ended higher on Thursday as easing US Treasury yields improved risk appetite following the US Treasury’s announcement of increased buyback operations, an analyst said.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia remained higher at midday, in line with positive regional markets, amid improved global sentiment after the US Treasury announced it would at least double buyback sizes for long-term debt to curb rising yields.

Bursa Malaysia Opens Higher, Tracks Wall Street Overnight Rebound

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened higher on Thursday, in line with positive regional markets, tracking Wall Street’s overnight rebound.

Ringgit Gains As US Debt Weighs On Greenback, Easing Rate Hike Expectations

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.

Bursa Malaysia Ends Lower Amid Elevated US Treasury Yields, Tech Weakness

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.

Gold Futures Ends Lower As Higher US Treasury Yields Weighs

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday, weighed by higher US Treasury yields.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Thursday, amid a moderation in the highly anticipated US consumer price index (CPI).

Bursa Malaysia Seen Trading With An Upward Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia is expected to trade with an upward bias as investors continue to assess external geopolitical developments and resilient domestic economic conditions, said an analyst. 

Ringgit Ends Lower Against US Dollar, Major Currencies As US Treasury Yields Rise

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.

Bursa Malaysia Opens Slightly Higher But Retreats Thereafter

KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but retreated thereafter as investors traded cautiously amid intermittent profit-taking.

Ringgit Opens Higher As US Fed Holds Rate Steady

KUALA LUMPUR, July 30 (Bernama) -- The ringgit opened higher against the US dollar, supported by the weaker greenback after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.