You have searched for "MYR interest rate swap"
Showing 1-10 of 140
The US dollar traded sideways for the week albeit closing marginally higher by 0.02% to 98.272.
THE US dollar depreciated 0.1% to 98.309 following improving trade discussions between China and the United States, encouraging investors to flock to risk assets.
Amid a short working week with the Labour Day break on Monday, the dollar weakened by 0.51% to 98.41 due to global risk-on sentiment as Washington and Beijing agreed to hold high-level talks in October, raising hopes of a de-escalation in trade tensions that has battered global economic growth.
The dollar erased its weekly gains, closing marginally lower by 0.02% to 96.8 after the US Federal Reserve’s Williams commented on the need for the central bank to “act quickly” as economic growth slows, fuelling market players to add bets on a 50-basis point (bps) cut in July’s FOMC meeting.
Global Forex Market
Global Foreign Exchange Market
THE dollar inched up 1.02% to 97.7 partly due to the resurgence of concerns on global slowdown and the better-than-expected economic release. As the trade talks between the United States and China seem to be stalled, positive economic releases for the week pushed the dollar close to the 97 level.
AMID a short working week as markets closed in conjunction with Presidents’ Day, the dollar softened by 0.31% to 96.6 largely owing to improving trade sentiment after President Trump cited trade talks were “very productive”.
THE dollar was lower by 0.49% to 96.5 over the week as volatilities in the market disrupted the supposedly-jolly season.
THE dollar appreciated by 0.46% to 96.7 by the end of the week after the Fed maintained a hawkish stance during the FOMC meeting.