Forex News

The euro weakened against other major currencies in the European session on Tuesday, as investors ponder the likely impact of U.S. tariff hikes on inflation, economic growth and corporate profits. With U.S. tariffs on automobiles, aluminum, and pharmaceuticals expected in the near future, traders may wait to see how the underlying negotiations play out. Federal Reserve Bank of Atlanta President Raphael Bostic on Monday said he anticipates slower progress on inflation in coming months and therefore sees the Fed cutting its benchmark interest rate only a quarter of a percentage point by the end of this year. As growth worries mount, investors await a slew of U.S. data through the day, including consumer confidence data for March...

The Japanese yen weakened against other major currencies in the Asian session on Tuesday amid increasing risk-on mood by the investors, as markets breathe a temporary sigh of relief amid reports that U.S. President Donald Trump may hold back some of the reciprocal tariffs set to take effect on April 2. However, the uncertainty about fresh tariffs continues to weigh on market sentiment. Trump is said to be adopting a more moderate approach to the tariffs, likely omitting a set of industry-specific tariffs. Investor confidence is also bolstered by China's stimulus plans to increase demand and the excitement surrounding a potential peace agreement between Russia and Ukraine. In economic news, members of the Bank of Japan's Monetary...

Oleh Harizah Hanim Mohamed KUALA LUMPUR, 25 Mac (Bernama) -- Ringgit dibuka tidak berubah berbanding dolar Amerika Syarikat (AS) hari ini kerana isyarat bercampur daripada Presiden AS, Donald Trump yang mencadangkan bahawa negara tertentu mungkin menerima pengecualian tarif apabila tarif timbal balik berkuat kuasa pada 2 April depan, meningkatkan minat untuk aset berisiko. Pada 8 pagi, ringgit berada pada 4.4325/4485 berbanding dolar US daripada 4.4325/4370 ketika ditutup semalam. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata petunjuk terbaharu itu memberi gambaran bahawa langkah tarif akan lebih bersasar, justeru kesan terhadap ekonomi global dilihat terkawal. “Aset berisiko seperti ekuiti...

David Ng Oleh Fatin Umairah Abdul Hamid KUALA LUMPUR, 24 Mac (Bernama) -- Niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives meneruskan aliran menurun hari ini dairpada Jumaat lepas dalam persekitaran kebimbangan terhadap permintaan eksport yang rendah susulan kenaikan harga komoditi itu baru-baru ini, kata seorang peniaga sawit David Ng. Ng berkata harga minyak kacang soya yang lebih rendah turut menyumbang kepada sentimen lebih lemah dalam pasaran minyak sawit. “Kami melihat paras sokongan pada RM4,150 satu tan dan paras rintangan pada RM4,380 satu tan,” katanya kepada Bernama. Penganalisis Kanan Fastmarkets Palm Oil Analytics Dr Sathia Varqa berkata niaga hadapan MSM mencecah paras terendah dalam tempoh tujuh...

The British pound strengthened against other major currencies in the European session on Monday, after the U.K. private sector growth strengthened to a six-month high in March, driven by the fastest upturn in the services economy since 2024. Data from S&P Global showed that the flash composite output index registered 52.0 in March, up from 50.5 in February. The index has remained above the crucial 50.0 mark for the seventeenth month in a row. Moreover, the score signaled the fastest growth since September 2024. The robust growth in the service sector helped to offset the sharpest decline in manufacturing production since October 2023. The services Purchasing Managers' Index hit a seven-month high of 53.2 compared to 51.0 in...

Oleh Durratul Ain Ahmad Fuad KUALA LUMPUR, 24 Mac (Bernama) -- Ringgit mengakhiri urus niaga Isnin dengan lebih rendah berbanding dolar Amerika Syarikat (AS) ketika kebimbangan mengenai tindak balas terhadap tarif yang dijangka berkuat kuasa pada 2 April yang hanya menjadikan pelabur lebih berhati-hati. Pada 6 petang, ringgit di paras 4.4325/4370 berbanding dolar AS daripada 4.4180/4220 pada akhir urus niaga Jumaat lepas. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid yang memetik Laporan Tahunan 2024 Bank Negara Malaysia (BNM) yang dikeluarkan hari ini, berkata sasaran utama makroekonomi bagi 2025 kekal tidak berubah. Beliau juga menyasarkan Keluaran Dalam Negara Kasar (KDNK) pada 4.5-5.5 peratus...

The euro showed mixed trading against its major rivals in the European session on Monday, following the release of mixed German and Eurozone PMI data for March. Data from S&P Global showed that Eurozone private sector expanded for the third straight month in March as manufacturing production increased for the first time in two years, joining services in growth territory. The HCOB flash composite output index ticked up to 50.4 in March from 50.2 in February. The score has remained above the threshold 50.0 indicating expansion for the third successive month. At 50.4, the flash services Purchasing Managers' Index dropped unexpectedly to a four-month low from 50.6 in February. The score was forecast to rise to 51.2. The flash factory...

Oleh Fatin Umairah Abdul Hamid KUALA LUMPUR, 24 Mac (Bernama) -- Harga Getah Mutu Malaysia (GMM) 20 di pasaran getah Malaysia meningkat semula pada Isnin, didorong oleh momentum positif dalam pasaran getah serantau, kata peniaga. Beliau berkata kenaikan itu juga disokong oleh penurunan ringgit berbanding dolar Amerika Syarikat (AS) dan unjuran getah asli yang positif daripada Persatuan Negara Pengeluar Getah Asli. “Harga juga disokong oleh kekurangan bahan mentah yang bermusim di negara pengeluar utama dalam keadaan optimistik terhadap langkah rangsangan China seterusnya. “Bagaimanapun, kenaikan selanjutnya dihadkan oleh ketidakpastian mengenai tarif AS ditambah pula dengan ketegangan perdagangan global yang meningkat dan penyusutan...

The Australian dollar strengthened against other major currencies in the Asian session on Monday, after data showed that the manufacturing sector in Australia continued to expand in March, and at a faster pace. Data from the S&P Global showed that the manufacturing sector in Australia continued to expand in March, and at a faster pace, with a manufacturing PMI score of 52.6. That's up from 50.4 in February, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that the services PMI improved to 51.2 from 50.8 in the previous month, and the composite PMI went up to 51.3 from 50.6 a month earlier. Some analysts predict the Reserve Bank of Australia (RBA) will maintain...

The Japanese yen weakened against other major currencies in the Asian session on Monday, as the weak Japan Manufacturing PMI almost closed the doors for the Bank of Japan rate hike in the upcoming monetary policy meeting. Data from Jibun Bank showed that the manufacturing sector in Japan continued to contract in March, and at a faster pace, with a manufacturing PMI score of 48.3. That's down from 49.0 in February, and it moved further beneath the boom-or-bust line of 50 that separates expansion from contraction. The services sector also slipped into contraction, falling to 49.5 in March from 53.7 in February. The BoJ may be forced to postpone rate hikes due to the weaker growth outlook. Meanwhile, Chinese and Australian officials...

Oleh Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, 22 Mac (Bernama) -- Wujud pandangan yang berbeza mengenai prospek kontrak niaga hadapan minyak sawit mentah (MSM) pada minggu depan dengan perang perdagangan dijangka berterusan. Selain itu, unjuran pengeluaran yang lebih lemah juga disebut sebagai faktor yang menyokong kepada pandangan yang berbeza ini. Peniaga Kanan Minyak Sawit Interband Group of Companies Jim Teh berkata niaga hadapan MSM di Bursa Malaysia Derivatives dijangka diniagakan lebih rendah pada minggu akan datang iaitu antara RM4,100 dan RM4,300 setiap tan. Menurutnya, prestasi komoditi itu akan terjejas akibat perang perdagangan global yang dimulakan oleh Amerika Syarikat (AS), menyebabkan pasaran berada dalam mod...

Oleh Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, 20 Mac (Bernama) -- Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatif ditutup lebih rendah hari ini selepas terjejas oleh kelemahan dalam niaga hadapan minyak kacang soya di Lembaga Perdagangan Chicago (CBOT) selain prestasi eksport minyak sawit Malaysia yang agak perlahan, kata seorang penganalisis. Ketua Penyelidikan Komoditi Sunvin Group yang berpangkalan di Mumbai, Anilkumar Bagani berkata dalam satu laporan bahawa juruukur kargo Intertek Testing Services (ITS) menganggarkan eksport minyak sawit Malaysia menurun sebanyak 14.2 peratus kepada 629,687 tan dari 1-20 Mac, berbanding dengan tempoh yang sama pada Februari. "Manakala Societe Generale de...

Oleh Karina Imran KUALA LUMPUR, 21 Mac (Bernama) -- Ringgit ditutup tinggi berbanding dolar AS berikutan sentimen yang lebih positif terhadap mata wang tempatan itu, kata seorang penganalisis. Mata wang tempatan itu meningkat kepada 4.4180/4220 berbanding dolar AS 4.4215/4270 ketika ditutup pada Khamis. Ketua Penyelidikan Pelaburan UOB Kay Hian Wealth Advisors Sdn Bhd Mohd Sedek Jantan berkata ringgit dibuka rendah pagi ini pada 4.4245/4360 berbanding dolar AS, tetapi mengukuh sepanjang hari. "Walaupun berlaku penurunan pada sesi awal berikutan pendirian Jawatankuasa Pasaran Terbuka Persekutuan (FOMC) yang cenderung menurunkan kadar faedah, ringgit berjaya meraih mementum apabila perbendaharaan AS kekal stabil, tidak memberikan...

The Japanese yen weakened against other major currencies in the European session on Friday, following the release of domestic data for February. Japan overall consumer price inflation softened in February largely due to government subsidies for energy but the increase in core inflation together with higher wage growth and services inflation put pressure on the Bank of Japan to lift key interest rates. Data from the Ministry of Internal Affairs and Communications showed that the Japan consumer price inflation logged 3.7 percent in February, down from 4.0 percent in January. Likewise, excluding fresh food, inflation softened to 3.0 percent from 3.2 percent in the prior month. Excluding fresh food and energy, inflation rose to 2.6...

Oleh Zufazlin Baharuddin KUALA LUMPUR, 21 Mac (Bernama) -- Ringgit rendah berbanding dolar AS pada sesi pembukaan hari ini, selepas mencatatkan kenaikan baru-baru ini berikutan pasaran menilai pendirian terkini Rizab Persekutuan Amerika Syarikat (AS), yang dilihat cenderung untuk menurunkan kadar faedah tetapi secara berhati-hati. Pada 8 pagi, ringgit berada pada 4.4245/4360 berbanding dolar AS, susut daripada 4.4215/4270 pada Khamis. Ketua Penyelidikan Pelaburan UOB Kay Hian Wealth Advisors Sdn Bhd Mohd Sedek Jantan berkata ringgit kekurangan petunjuk yang jelas walaupun terdapat turun naik dalam Perbendaharaan AS semalaman. “Walaupun Perbendaharaan AS mengalami turun naik semalam, pada mulanya merosot sebelum meningkat semula, ia...

David Ng Oleh Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, 20 Mac (Bernama) -- Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives ditutup kebanyakannya tinggi pada Khamis, disokong oleh jangkaan pengeluaran yang lebih rendah dalam minggu-minggu akan datang berikutan keadaan banjir semasa di Johor, kata peniaga minyak sawit David Ng. Beliau berkata kenaikan dalam pasaran minyak soya juga menyokong lonjakan harga MSM. “Kami melihat paras sokongan pada RM4,300 dan paras rintangan pada RM4,580,” katanya kepada Bernama hari ini. Pada penutup dagangan, bulan semerta baharu untuk April 2025 meningkat RM35 kepada RM4,669 setiap tan, Mei 2025 naik RM37 kepada RM4,529 dan Jun 2025 naik RM24 kepada RM4,413...

Datuk Mohammad Faiz Azmi KUALA LUMPUR, 20 Mac (Bernama) -- Tokenisasi bon dan sukuk, yang bertujuan untuk meluaskan penyertaan runcit dalam pasaran modal Malaysia, dijangka akan diperkenalkan pada tahun ini. Pengerusi Eksekutif Suruhanjaya Sekuriti (SC) Datuk Mohammad Faiz Azmi berkata inisiatif ini merupakan usaha bersama antara suruhanjaya itu dan Khazanah Nasional Bhd. Beliau berkata inisiatif ini bertujuan untuk menjadikan bon lebih mudah diakses oleh pelabur runcit, memandangkan terbitan bon tertentu pada masa ini terhad kepada pelabur yang berpengalaman. “Antara satu perkara yang akan kami umumkan akhir tahun ini ialah kami sedang menjalankan kajian bersama Khazanah untuk melihat bagaimana bon boleh ditokenisasikan. “Secara...

Oleh Danni Haizal Danial Donald KUALA LUMPUR, 20 Mac (Bernama) -- Ringgit ditutup tinggi berbanding dolar AS pada Khamis berikutan Rizab Persekutuan (Fed) Amerika Syarikat (AS) mengekalkan kadar faedah penanda arasnya namun memberikan isyarat bahawa penurunan kadar faedah kekal dalam perancangan. Mata wang tempatan menokok 0.33 peratus kepada RM4.4215/4270 daripada 4.4330/4400 semasa ditutup pada Rabu. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata Fed kekal tidak terkesan dengan prospek kadar faedah walaupun mengalami ketidaktentuan dasar yang meningkat terutamanya mengenai kesan tarif import. “Unjuran makroekonomi terkini oleh Fed mengesahkan prospeknya mengenai dua penurunan kadar pada 2025...

The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank trimmed its interest rate for the fifth consecutive meeting to the lowest since September 2022, amid heightened downside risks to inflation. The policy board, led by President Martin Schlegel, lowered the policy rate by 25 basis points to 0.25 percent from 0.50 percent. This followed a 50-basis point cut in December. The bank has reduced the key rate by 150 basis points since March 2024. Banks' sight deposits held at the SNB will be remunerated at the policy rate up to a certain threshold, and at zero percent above this threshold. The central bank forecast inflation at 0.4 percent in 2025, which was slightly up...

The British pound weakened against most major currencies in the European session on Thursday, following the release of the U.K.'s labor market data for January. Data from the Office for National Statistics (ONS) showed that the ILO unemployment rate was 4.4 percent, unchanged from the previous figure and predictions. The U.K. economy recruited 144K new workers, compared to the 107K new hires in the three months ended December. Meanwhile, investors wait for the Bank of England's (BoE) interest rate announcement due later in the day. With a 7-2 vote split, the BoE is expected to maintain interest rates at 4.5 percent, due to tariff uncertainties and the British government's impending tax hike for employers. The Bank of England lowered...