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Ringgit opens higher against US dollar on stronger GDP growth in 4Q 2024

Ringgit opens higher against US dollar on stronger GDP growth in 4Q 2024

According to Mohd Afzanizam, the ringgit is poised for positive starts today amid signs of weaker consumer spending in the United States.
Mon Feb 17 2025
Ringgit opens slightly lower against US dollar

Ringgit opens slightly lower against US dollar

Dr Mohd Afzanizam Abdul Rashid says DXY has gained momentum after Donald Trump issued an executive order to raise import tariffs.
Mon Feb 03 2025
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

Trump warns BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs threat.
Fri Jan 31 2025
Ringgit opens lower against US dollar in early trade

Ringgit opens lower against US dollar in early trade

Dr Mohd Afzanizam Abdul Rashid says the US labour market remains resilient, with the latest non-farm payroll data exceeding expectations.
Mon Jan 13 2025
Ringgit opens firmer despite safe-haven demand

Ringgit opens firmer despite safe-haven demand

The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency.
Tue Dec 31 2024
Ringgit opens slightly higher vs greenback

Ringgit opens slightly higher vs greenback

The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan's stabilisation after the People's Bank of China decided against cutting rates earlier this week
Thu Dec 26 2024
Ringgit rises against US dollar as DXY declines

Ringgit rises against US dollar as DXY declines

Dr Mohd Afzanizam Abdul Rashid says the DXY slipped to 107.621 points after exceeding 108 points last Friday.
Mon Dec 23 2024
Ringgit up marginally against US dollar in early trade

Ringgit up marginally against US dollar in early trade

Dr Mohd Afzanizam Abdul Rashid says the focus for the week would be on the two-day FOMC meeting which begins tomorrow.
Mon Dec 16 2024
Ringgit slightly higher against US dollar in early trade

Ringgit slightly higher against US dollar in early trade

The ringgit traded marginally higher against a basket of major currencies.
Mon Dec 02 2024
US dollar edges lower

US dollar edges lower

The dollar index, which measures the greenback against six major peers, decreased by 0.86 per cent.
Thu Nov 28 2024
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Dr Mohd Afzanizam Abdul Rashid says that US President-elect Donald Trump's cabinet selections are drawing significant attention.
Mon Nov 25 2024
Ringgit weakens versus US dollar as global uncertainties intensify

Ringgit weakens versus US dollar as global uncertainties intensify

Dr Mohd Afzanizam says, the ringgit is already oversold, indicating that its downside risks are limited.
Mon Nov 11 2024
Ringgit opens higher despite stronger US dollar on Trump's return to presidency

Ringgit opens higher despite stronger US dollar on Trump's return to presidency

President-elect Trump is expected to favour populist measures which could drive higher domestic demand and corporate earnings growth.
Thu Nov 07 2024
Anxious global investors brace for long-awaited US election results

Anxious global investors brace for long-awaited US election results

Investors are wary of prolonged vote counts and contested results that could fuel volatility.
Tue Nov 05 2024
Ringgit rebounds, opens slightly higher against US dollar

Ringgit rebounds, opens slightly higher against US dollar

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft against the US dollar, driven by external events.
Tue Oct 29 2024
Lebanese search for dead in devastated villages as Israel withdraws

Lebanese search for dead in devastated villages as Israel withdraws

Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.
Thu Feb 20 2025
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025