Forex Analysis
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Forex
China confuses yuan traders with surprise changes to fixing
SHANGHAI: Traders seeking to navigate the most crucial part of China’s foreign exchange management are finding visibility getting increasingly cloudy.…
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Forex
Yen hits 34-year low, sparking intervention hints
TOKYO: The yen dropped to its lowest level since 1990 yesterday, into the zone that triggered intervention by Japanese authorities…
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Forex
Ringgit retreats after two days of gains ahead of US inflation data
KUALA LUMPUR: The ringgit retreated to close lower against the US dollar on Wednesday, snapping two consecutive days of gains…
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Forex
Japan makes strongest intervention warning as yen hits 34-year low
TOKYO: Japan’s finance minister issued his strongest warning to date on Wednesday about yen weakness as it fell to a…
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Forex
Ringgit ends higher against US$ ahead of US PCE
KUALA LUMPUR: The ringgit continued its upward momentum to close higher against the US dollar today as traders trimmed their…
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Forex
Ringgit lower as risk-off mood emerges
KUALA LUMPUR: The ringgit retreated versus the US dollar in early trade today as risk-off mood emerged ahead of the…
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Forex
Govt reiterates commitment to ensuring ringgit continues to strengthen
KUALA LUMPUR: The government will continue to be stringent in ensuring that the ringgit is at a stronger level, said…
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Forex
Ringgit is undervalued, will appreciate over time
KUALA LUMPUR: Bank Negara has reiterated that the ringgit is currently undervalued and will appreciate over time as the economy…
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Forex
Ringgit ends firmer against US$, other major currencies
KUALA LUMPUR: The ringgit rebounded to close firmer against the US dollar as risk appetite improved following the positive Chinese…
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Forex
Ringgit eases slightly ahead of CPI data
KUALA LUMPUR: The ringgit opened slightly lower against the US dollar ahead of the release of February’s Consumer Price Index…
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