Ringgit set for cautious week versus US dollar amid West Asia conflict
KUALA LUMPUR: The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.
Ringgit revisits 4.02 level against US dollar on easing energy supply concerns
KUALA LUMPUR: The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.
Japan turns up FX heat as volatility rises, signals readiness to act
TOKYO: Japanese Finance Minister Satsuki Katayama on Friday put currency traders on notice, saying the government stands ready to act against speculative moves in foreign exchange markets as volatility has risen "significantly."
Ringgit opens higher against US$ on softer NFP view
KUALA LUMPUR: The ringgit strengthened against the US dollar in early trade on Friday, as markets positioned for a softer US non-farm payrolls (NFP) reading, weighing on the greenback and lending support to regional currencies.
Ringgit closes easier against US dollar amid war uncertainty
The ringgit closed easier against the US dollar yesterday after gaining ground on Wednesday, with market sentiment remaining cautious amid President Trump's unpredictable stance on the US-Iran conflict, leading to constant changes in risk appetite among traders and investors.
Ringgit closes easier against US dollar as war uncertainty keeps investors on edge
KUALA LUMPUR: The ringgit closed easier against the US dollar today after gaining ground yesterday, with market sentiment remaining cautious amid President Trump's unpredictable stance on the US-Iran conflict, leading to constant changes in risk appetite among traders and investors.
Ringgit expected to strengthen to RM3.92
KUALA LUMPUR: The ringgit is expected to continue strengthening against the US dollar, with its 2026 forecast revised to average around RM3.92 (2025 average: RM4.28), said MBSB Investment Bank Bhd.
Ringgit opens higher vs major currencies on optimism over easing tension
KUALA LUMPUR: The ringgit opened higher against the US dollar and major currencies on Thursday, supported by optimism that geopolitical tensions may be easing, although the broader market tone remains guarded.
Dollar wraps up best month since July amid war in Middle East
The dollar finishes its best month since July as war in the Middle East upends energy markets, buffets economic forecasts, and sends investors rushing to the world's primary reserve currency.
Ringgit ends higher on de-escalation of war optimism
The ringgit extended earlier gains to end higher against the US dollar yesterday driven by renewed optimism among market traders following signs of possible de-escalation in the US-Iran war.
