But analyst says Trump’s unpredictability continues to fuel market uncertainty

KUALA LUMPUR, March 11 — The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.

KUALA LUMPUR, March 13 — The ringgit took a breather against the US dollar today following almost a week-long gain.

KUALA LUMPUR, March 12 — The ringgit traded in a narrow range today at between 4.676 to 4.684 against the US dollar as market players await the United States (US) Consumer Price Index (CPI) inflation data for February later tonight, said an economist.

KUALA LUMPUR, Feb 13 — The ringgit opened lower against the US dollar today as investors remain cautious ahead of the United States Consumer Price Index (CPI) data release tonight, according to an analyst.

KUALA LUMPUR, Feb 10 — The ringgit is expected to trade range-bound in a cautious mode, hovering around the RM4.76 level with an upside bias against the US dollar next week, said an analyst.

KUALA LUMPUR, Jan 10 — The ringgit retreated in early trade Wednesday as the US dollar continues to gain traction while the markets await the US Consumer Price Index (CPI) print which will be announced on Thursday.

KUALA LUMPUR, Nov 15 — The ringgit closed higher against the US dollar today as the greenback retreated after lower-than-expected United States (US) Consumer Price Index (CPI) data reinforced expectations the US Federal Reserve (US Fed) is done hiking interest rates.

x KUALA LUMPUR, Nov 15 — The ringgit opened higher today as demand for the US dollar declined after the US Consumer Price Index (CPI) data came in lower than expected at 3.2 per cent in October versus consensus estimates of 3.3 per cent.

KUALA LUMPUR, Nov 11 — The ringgit is expected to trade cautiously against the US dollar next week as traders seek fresh leads on more significant economic data.

KUALA LUMPUR, Oct 13 — The ringgit traded higher against most major currencies except against the US dollar in the early session today as the greenback strengthened amid the higher-than-expected US inflation data, said an analyst.

KUALA LUMPUR, Sept 12 — The ringgit closed lower against the US dollar in a quiet market tone on better demand for the greenback ahead of the United States (US) Consumer Price Index (CPI) data on Wednesday, said an analyst.

KUALA LUMPUR, Sept 11 — The ringgit opened on a strong note against the US dollar as well as most major Asian and non-Asian currencies, while the market eagerly anticipates the results of the Federal Open Market Committee (FOMC) meeting scheduled from September 19 to September 20.

KUALA LUMPUR, Aug 9 — The ringgit rebounded to close higher against the US dollar today, as improved risk sentiment weighed on the safe haven currency.

KUALA LUMPUR, July 12 — The ringgit appreciated against the US dollar at the opening today, supported by rising oil prices and strong demand from China for Malaysia’s main commodities, particularly oil, said an analyst.

KUALA LUMPUR, Feb 17 — The ringgit extended losses against the US dollar for the third straight day after another US hot inflation report further confirmed the possibility of a ‘higher for longer' interest rate path.

KUALA LUMPUR, Feb 15 — The ringgit had eased against the US dollar this morning, as the greenback stayed firm despite the softer United States (US) inflation print for January, said an analyst.

KUALA LUMPUR, Feb 14 — The ringgit reversed its losses yesterday to open stronger against the US dollar, ahead of the expected release of the United States consumer price index (CPI) data for January later today, said an analyst.

KUALA LUMPUR, Jan 13 — The ringgit steadied near its strongest level in nearly 10 months against the US dollar after softer US inflation data drove up bets that the Federal Reserve will be less aggressive with its rate hikes soon.

KUALA LUMPUR, Jan 11 — The ringgit ended higher for three days straight ahead of the highly anticipated United States Consumer Price Index (CPI) print release.