Weak American labour market report strengthens conviction of interest rate cut in next US FOMC meeting, says analyst

US NFP report for August strengthens case for interest rate cut when US FOMC reconvenes, says analyst

KUALA LUMPUR, June 9 — The ringgit opened lower against the US dollar today as the greenback strengthened amid renewed volatility from a challenging global economy outlook for the second half of 2025.

KUALA LUMPUR, March 29 — The ringgit is likely to continue remaining in a narrow range within a similar trajectory of RM4.42 to RM4.43 against the United States (US) dollar next week due to the shortened trading week following the Hari Raya Aidilfitri public holiday, which is expected to be celebrated on Monday, March 31.

KUALA LUMPUR, March 2 — The ringgit is expected to stabilise at 4.74 to 4.75 against the US dollar next week following its significant rise in the previous week, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

KUALA LUMPUR, Aug 7 — The ringgit kick-started the week positively, opening higher against the US dollar today, as the US Dollar Index (DXY) declined on Friday last week.

KUALA LUMPUR, June 3 — The ringgit regained some strength to open higher against the US dollar as the greenback's demand weakened amid expectations of an aggressive monetary policy stance by the US Federal Reserve (Fed) in the third week this month.