Ringgit up against greenback on softer US yields ahead of Jackson Hole meeting
KUALA LUMPUR: The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve's (Fed) Jackson Hole symposium.
Malaysian ringgit leads gains in Asian currencies; tech stocks climb ahead of Nvidia results
The Malaysian ringgit and the Indonesian rupiah rose to multi-week highs on Wednesday as oil prices fell on hopes that the Strait of Hormuz would reopen, while Asian technology stocks climbed ahead of AI bellwether Nvidia's results.
Dollar steady ahead of US inflation data; Aussie gains on rate bets
SINGAPORE: The dollar made tepid gains but remained range-bound in Asian trading on Wednesday, with investors awaiting U.S. inflation data later that will set the tone ahead of the Jackson Hole symposium beginning later this week.
Ringgit opens higher against US$ as US Treasury yields ease
KUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday, supported by a softer greenback and easing US Treasury yields, said an analyst.
Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks
HONG KONG: The U.S. dollar struggled to hold onto gains against major peers on Tuesday, as investors parsed Washington's expanded Iran-related sanctions and renewed efforts to ease pressure on longer-dated Treasury yields.
Chinese yuan slips from 3-1/2-year high after PBOC signals unease over rapid gains
SHANGHAI: China's yuan eased from a 3-1/2-year high against the dollar on Tuesday after the central bank set the official midpoint fixing at its widest weak-side deviation from market estimates in six months, signalling unease about the pace of the currency's recent appreciation.
Ringgit ends lower against the greenback
KUALA LUMPUR: The ringgit ended lower against the greenback yesterday as the threat of an "economic D-Day" on Iran, policy risks ahead of the Jackson Hole symposium and continued instability in the US Treasury market spurred caution.
Ringgit ends lower against greenback amid economic D-Day uncertainty
KUALA LUMPUR: The ringgit ended lower against the greenback on Monday as the threat of an "economic D-Day" on Iran, policy risks ahead of the Jackson Hole symposium and continued instability in the US Treasury market spurred caution.
Asian FX, stocks retreat as investors await Iran sanction details
ASIAN currencies and stocks lost ground on Monday as investors waited on details around the threatened U.S. sanctions against Iran while risk appetite was subdued ahead of key central bank meetings and Nvidia earnings.
Dollar trading near multi-month lows, restrained by debt nerves
SINGAPORE: A wavering dollar was pinned near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back more long-dated bonds, while traders awaited details of sanctions on Iran and on policy speeches this week in the U.S. and Japan.
