Yuan rides its own course

In late July, growing expectations for a US Federal Reserve rate cut and a Bank of Japan rate hike triggered a large-scale unwinding of global carry trade. While Asian currencies like the Indonesian rupiah and Malaysian ringgit outperformed the US dollar in August, strengthening by almost 5%, the yuan lagged behind, gaining only about 1.2%. Read full story

Factors affecting ringgit

thestar.com.my - 31/Oct 16:00

The strength of the ringgit in the near term will depend on the magnitude of the US Federal Reserve (Fed) rate cut and growth of the China economy,...

Asian currencies tumble on projected Trump win

thestar.com.my - 06/Nov 16:00

Singapore’s dollar and Thailand’s baht slid the most among Asian currencies yesterday, while the Mexican peso hit a two-year low as the dollar...

Ringgit maintains stronger footing at the close

thestar.com.my - 05/Nov 11:29

KUALA LUMPUR: The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a...

Ringgit rebounds, opens higher against greenback

thestar.com.my - 04/Nov 00:55

KUALA LUMPUR: The ringgit rebounded, opening higher against the US dollar on Monday as the greenback softened, with markets awaiting key events later...

Ringgit extends gains to open higher against US dollar

nst.com.my - 25/Oct 08:47

KUALA LUMPUR: The ringgit extended positive momentum to trade higher against the US Dollar in the early session today, supported by continued buying...

Ringgit expected to trade sideways next week ahead of the US election

thestar.com.my - 26/Oct 03:55

KUALA LUMPUR: The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US...

OP-ED: Unwinding America, land of the unfree

daily maverick - 03/Nov 07:00

Though the US is associated with democracy, liberty and rights, its track record – from deadly racism to high medical bills – tells a different,...

Ringgit edges higher against US$ at the close

thestar.com.my - 30/Oct 11:26

KUALA LUMPUR: The ringgit edged higher at the close against the US dollar on Wednesday as traders and investors remain guarded ahead of a crucial...

Cautious tone expected for ringgit versus US dollar trading next week

thestar.com.my - 02/Nov 04:45

KUALA LUMPUR: The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst. Read full...

Business Maverick: Asian stocks fall, yen fluctuates after BOJ holds: markets wrap

daily maverick - 31/Oct 03:52

Asian equities fell on Thursday after US stocks and government bonds dropped as robust economic data blurred the picture for imminent Federal Reserve...

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