KUALA LUMPUR: The ringgit opened weaker against the US dollar on Tuesday as the greenback regained strength, supported by a rebound in the US Dollar Index (DXY) from recent declines. At 8 am, the ringgit traded at 4.4590/4700 against the US dollar, softening from Monday’s close of 4.4495/4570. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the market had responded positively to news of hedge fund manager Scott Be...
SmartInvestor19-99
:
Despite interest cut, this is still going up. We shall see 200 above later. Closing above 200 this week. Next week continue the upside, 201-202. Shall see 205 by year end
GBP/JPY Forum
At 8 am, the ringgit traded at 4.4590/4700 against the US dollar, softening from Monday’s close of 4.4495/4570.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the market had responded positively to news of hedge fund manager Scott Be...
No comment yet