The US dollar tumbled to a one-year low against a basket of currencies on Friday (Apr…
Category: TREASURY/FX
GLOBAL STOCKS UP AS YEN TUMBLES & BOJ EASES MEASURES
Global stock markets mostly rose yesterday following modestly positive economic data in Europe and the United…
USD & YEN STEADY AS SAFE HAVENS BACK IN VOGUE
The US dollar and the yen, both safe haven assets, were mostly steady after spiking higher…
RMB OVERTAKES USD: IN CHINA’S CROSS BORDER TRANSACTIONS
The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the…
USD SLUGGISH AS BANKING FEARS RISE; YEN DROPS
The safe-haven US dollar struggled to find its footing today following two days of losses as…
BNM: RIGGIT ON RECOVERY PATH POST BRUISING IN 2022
The ringgit experienced a period of sustained depreciation against the US dollar in 2022 amid the…
RINGGIT RISE AGAINST USD ON MILD PROFIT TAKING
The ringgit ended lower against the US dollar on Tuesday amid mild profit-taking in Asian currency markets…
ARE CENTRAL BANKS RATES ABOUT TO PEAK?
Southeast Asian central banks look like they are close to done fighting inflation using interest rates,…
RISING COMMODITY PRICES TO SUPPORT RINGGIT IN 2023: STANDARD CHARTERED
Standard Chartered Bank expects continuing support for the ringgit from high commodity prices and the local…
MYR ENDS HIGHER: IMPROVED RISK APPETITE
The ringgit closed higher versus the US dollar on the second trading day of 2023, as…