Forex News

The Australian dollar weakened against other major currencies in the Asian session on Thursday, following the release of Australia's disappointing domestic employment data in February. Data from the Australian Bureau of Statistics showed that the Australian economy lost 52,800 jobs last month, well shy of expectations for an increase of 30,800 jobs following the addition of 44,000 in January. The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in February, said on Thursday - in line with expectations and unchanged from the January reading. Full-time employment was down 35,700 jobs following the addition of 54,100 a month earlier. The participation rate was 66.8 percent, again missing forecasts for 67.3...

The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as traders speculate that the Bank of Japan (BoJ) will continue raising interest rates as robust wage growth may increase consumer spending and fuel inflation. Ongoing concerns about U.S. President Donald Trump's trade policies and their effects on the world economy as well as geopolitical dangers, also contributed to the upturn of safe-haven JPY. The U.S. Fed announced its widely expected decision to again leave interest rates unchanged but signaled that it is still likely to lower rates twice later this year. The accompanying statement by the Fed noted "uncertainty around the economic outlook has increased," and the Fed said it is...

Oleh Zufazlin Baharuddin KUALA LUMPUR, 20 Mac (Bernama) -- Ringgit dibuka tinggi berbanding dolar Amerika Syarikat (AS) pada Khamis selepas Jawatankuasa Pasaran Terbuka Rizab Persekutuan (FOMC) AS cenderung kepada penurunan kadar faedah susulan inflasi. Pada 8 pagi, ringgit meningkat kepada 4.4200/4305 berbanding dolar AS daripada 4.4330/4400 ketika ditutup semalam. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata FOMC memutuskan kadar faedah dikekalkan dan memperlahan kadar pengurangan lembaran imbangannya daripada US$25 bilion kepada US$5 bilion. Beliau berkata perkara itu menandakan kecenderungan Rizab Persekutuan AS (Fed) kepada kadar faedah rendah. “Semasa sidang media, Pengerusi Fed Jerome...

Oleh Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, 19 Mac (Bernama) -- Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives ditutup tinggi pada Rabu, mengubah kerugian pada awalnya susulan harga minyak kacang soya yang lebih kukuh, kata peniaga minyak sawit David Ng. Beliau berkata kenaikan minyak kacang soya disebabkan prospek permintaan yang lebih kukuh, terutamanya dari India dan China. “Perkembangan cuaca yang memburuk di kawasan penanaman utama tertentu, yang mungkin menjejaskan prospek tanaman dan dengan itu menyokong harga minyak kekacang. "Kami mengesan paras sokongan pada RM4,350 setan dan paras rintangan pada RM4,580 setan," katanya kepada Bernama hari ini. Pada penutup dagangan, bulan semerta...

Oleh Karina Imran KUALA LUMPUR, 19 Mac (Bernama) -- Ringgit ditutup tinggi berbanding dolar AS pada Rabu, naik 0.24 peratus kepada 4.4330/4400 daripada 4.4450/4490 pada Isnin lepas berikutan sentimen berhati-hati menjelang keputusan mesyuarat Jawatankuasa Pasaran Terbuka Persekutuan (FOMC) Amerika Syarikat (AS) hari ini. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata sentimen pasaran kekal berhati-hati menjelang perbincangan FOMC AS malam ini. “Walaupun Kadar Dana Fed (FFR) dijangka dikekalkan, panduan daripada Rizab Persekutuan (Fed) AS adalah amat penting dalam menetapkan hala tuju pasaran mata wang,” katanya kepada Bernama. Beliau berkata unjuran oleh Fed AS mengenai kadar faedah akan...

The euro weakened against other major currencies in the European session on Wednesday, as European stocks were subdued after rising in the previous session on Germany's approval for a massive spending surge. Bond yields dipped marginally as traders await the Federal Reserve's interest-rate decision, the post-meeting statement, updated economic projections and Chair Jerome Powell's comments for greater clarity on how proposed U.S. tariffs may impact prices and activity. Global ratings agency Fitch has lowered its global growth forecast and warned that U.S. President Donald Trump's reciprocal tariffs will push up inflation and delay Fed rate cuts. Meanwhile, amid economic headwinds both at home and abroad, the Bank of England is widely...

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, after the Bank of Japan left its interest rate unchanged after hiking the rate by a quarter-point early this year, amid rising concerns about the U.S. trade policies and its impact on economic activity and prices. At a two-day meeting that ended on Wednesday, the policy board, governed by Kazuo Ueda, unanimously decided to maintain the uncollateralized overnight call rate at around 0.5 percent, which was the highest level since the global financial crisis in 2008. The bank had raised the benchmark rate to the current level from 0.25 percent in January. The BOJ Governor Kazuo Ueda's commented at his post-meeting news conference held today, "If...

The euro strengthened against other major currencies in the European session on Tuesday, with an upcoming German vote on historic debt reforms and Ukraine peace talks in focus. The German parliament vote seeks to exempt defense spending from debt limits and create a 500-billion-euro infrastructure plan fund. The approval for the plan could boost the nation's economy and stimulate growth across Europe, despite the ongoing tensions with the U.S. The conservatives and Social Democrats (SPD), who are looking to form a coalition after the recent general election, are aiming to create the huge fund to facilitate higher spending on security. U.S. President Donald Trump will talk to his Russian counterpart Vladimir Putin later in the...

The New Zealand dollar strengthened, and the safe-haven yen weakened against major currencies in the Asian session on Tuesday amid risk appetite, as traders continued to pick up stocks at reduced levels following recent weakness. They also seemed reluctant to make more significant moves ahead of the U.S. Fed's monetary policy announcement on Wednesday. Traders may also follow the latest geopolitical developments and assess their impact on financial markets. Investor confidence was raised by optimism for US-Russia peace talks, which contributed to the NZD's rise as well as JPY's drop. The optimism around China's stimulus initiatives continues to provide strong support for the global risk mood. Markets have been pricing in the...

KUALA LUMPUR, 17 Mac (Bernama) -- Kadar antara bank jangka pendek ditutup stabil hari ini berikutan sokongan operasi Bank Negara Malaysia (BNM) menyerap lebihan mudah tunai daripada sistem kewangan. Mudah tunai dalam sistem konvensional meningkat kepada RM38.53 bilion daripada RM32.42 bilion pagi ini manakala mudah tunai dalam dana Islam lebih rendah pada RM20.11 bilion berbanding RM22.07 bilion sebelum ini. Terdahulu, bank pusat itu mengendalikan dua tender repo berbalik, tender repo berbalik semalaman dan tender repo berbalik Islam. Ia turut mengumumkan ketersediaan repo berbalik, perjanjian jual dan belian semula serta kemudahan murabahah komoditi bercagar dengan tempoh seminggu, sebulan dan tiga bulan. Pada 4 petang, BNM...

Oleh Nur Athirah Mohd Shaharuddin KUALA LUMPUR, 17 Mac (Bernama) -- Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatif ditutup lebih rendah hari ini susulan jangkaan pengeluaran yang lebih tinggi dan kadar eksport yang lebih lemah pada minggu-minggu akan datang, kata peniaga minyak sawit David Ng. Beliau berkata eksport minyak sawit agaklembap disebabkan oleh peningkatan bekalan selain harga minyak-minyak sayuran yang murah, mengurangkan permintaan untuk minyak sawit. "Peningkatan pengeluaran mungkin berterusan sehingga suku ketiga tahun ini. Kami menjangkakan harga MSM mendapat sokongan pada RM4,300 satu tan dan rintangan pada RM4,510 satu tan," katanya kepada Bernama. Pada penutup, bulan semerta baharu...

Oleh Rosemarie Khoo Mohd Sani KUALA LUMPUR, 17 Mac (Bernama) -- Ringgit ditutup rendah berbanding dolar Amerika Syarikat (AS) pada Isnin apabila peniaga dan pelabur kekal berwaspada menjelang mesyuarat Jawatankuasa Pasaran Terbuka Rizab Persekutuan (FOMC) AS selama dua hari bermula esok, kata penganalisis. Pada 6 petang, ringgit turun kepada 4.4450/4490 berbanding dolar AS daripada 4.4410/4455 ketika ditutup pada Jumaat lepas. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata data ekonomi AS yang hambar, peningkatan ketidaktentuan mengenai geopolitik di Eropah dan Timur Tengah serta komitmen China untuk melonjakkan penggunaan telah menyebabkan pasaran berada dalam keadaan defensif. “Dagangan dolar...

The Japanese yen weakened against other major currencies in the Asian session on Monday, as markets react positively to China unveiling a special action plan over the weekend to revive consumption and to boost the stock and real estate market. The ongoing concerns about the impact of President Donald Trump's trade policies are hurting market sentiment. Traders focus on the Bank of Japan (BoJ) decision on Wednesday. When the BOJ's two-day policy meeting ends on Wednesday, it is anticipated to maintain rates at 0.5%. Any clues on the outlook will be gained from Governor Kazuo Ueda's press conference following the meeting. Traders are increasing their wagers that the Federal Reserve will need to decrease interest rates multiple times...

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as markets react positively to China unveiling a special action plan over the weekend to revive consumption and to boost the stock and real estate market. The ongoing concerns about the impact of President Donald Trump's trade policies are hurting market sentiment. China's industrial production and retail sales expanded more than expected in the January to February period driven by fiscal stimulus, but the property market remained a drag on the economy. Data from the National Bureau of Statistics showed that China industrial production registered an annual growth of 5.9 percent but...

Oleh Zufazlin Baharuddin KUALA LUMPUR, 17 Mac (Bernama) -- Ringgit dibuka tinggi hari ini selepas Amerika Syarikat (AS) mengelak daripada menutup operasi kerajaan, menunjukkan sentimen mengambil risiko yang lebih baik, membawa kepada dolar AS yang rendah. Pada 8 pagi, ringgit naik kepada 4.4395/4500 berbanding dolar AS daripada 4.4410/4455 pada Jumaat lepas. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata data ekonomi AS yang lemah turut menyumbang kepada sentimen positif terhadap mata wang tempatan hari ini. Dilaporkan indeks sentimen pengguna University of Michigan merosot dengan ketara kepada 57.9 mata pada Mac. “Ini merupakan penurunan untuk bulan ketiga berturut-turut dan terendah...

Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives dijangka diniagakan lebih rendah minggu depan dalam julat antara RM4,000 dan RM4,200 satu tan, kata peniaga kanan minyak sawit Interband Group of Companies Jim Teh. Menurutnya ini berikutan perang perdagangan global yang semakin meningkat yang dimulakan oleh Amerika Syarikat. “Pemain pasaran terus berhati-hati dan akan kekal tidak memasuki pasaran berikutan lebih banyak perang perdagangan membabitkan tarif dijangka berlaku pada beberapa minggu akan datang,” katanya kepada Bernama. Teh berkata dari segi permintaan fizikal, China, India, Pakistan dan beberapa negara dari Timur Tengah dan Kesatuan Eropah kekal sebagai pembeli. Menurutnya tiada kekurangan...

Ringgit dijangka kekal bertahan dalam julat 4.43-4.44 berbanding dolar AS pada minggu hadapan, kerana sentimen pelabur yang berhati-hati terus mengukuhkan permintaan terhadap dolar AS sebagai mata wang pelaburan selamat, kata seorang penganalisis. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr. Mohd Afzanizam Abdul Rashid berkata arah aliran seterusnya dalam pasaran mata wang akan bergantung kepada keputusan mesyuarat Jawatankuasa Pasaran Terbuka Persekutuan (FOMC) yang akan diadakan pada 18-19 Mac ini. “Meskipun rata-rata ahli ekonomi mengunjurkan tiada perubahan pada Kadar Faedah Persekutuan Amerika Syarikat (AS), unjuran suku tahunan kakitangan Rizab Persekutuan akan dipantau dengan teliti oleh para peniaga dan pelabur. “Unjuran...

Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives ditutup kebanyakannya tinggi hari ini di tengah-tengah kekukuhan harga di pasaran olein minyak sawit dan minyak kacang soya Dalian China, kata peniaga minyak sawit David Ng. Beliau berkata kebimbangan terhadap pengeluaran rendah pada minggu-minggu akan datang juga meningkatkan sentimen pasaran. “Dari segi teknikal, paras sokongan harga MSM berada pada RM4,450 setan metrik dengan paras rintangan pada RM4,680 setan metrik,” kata Ng kepada Bernama. Pada penutup dagangan, kontrak Mac 2025 susut RM23 kepada RM4,750 setan metrik, April 2025 naik RM23 kepada RM4,694 setan metrik dan Mei 2025 meningkat RM37 kepada RM4,576 setan metrik. Kontrak Jun 2025...

Markets cheered in relief as lawmakers in Washington moved closer to avoiding a government shutdown. Fresh trade tariff jitters weighed mildly on overall market sentiment. Wall Street Futures have gained. European benchmarks are trading on a strong positive note. Asian markets also finished trading on a solidly positive note. The Dollar Index recorded a minor decline. Bond yields mostly hardened. Crude oil prices jumped as markets speculated on the likelihood of a slower ceasefire in Ukraine. Gold scaled a fresh peak. Cryptocurrencies are trading mixed. Here is a snapshot of the major world markets at this hour. Stock Indexes: DJIA (US30) at 41,043.50, up 0.56% S&P 500 (US500) at 5,568.10, up 0.85%Germany's DAX at 22,897.84, up...

Kadar antara bank jangka pendek ditutup stabil hari ini susulan operasi Bank Negara Malaysia (BNM) untuk menyerap lebihan mudah tunai daripada sistem kewangan. Mudah tunai dalam sistem konvensional meningkat kepada RM37.41 bilion daripada RM30.43 bilion pagi ini, manakala mudah tunai dalam dana Islam lebih tinggi kepada RM21.09 bilion berbanding RM19.89 bilion sebelum ini. Terdahulu, bank pusat itu mengendalikan tiga tender repo berbalik, tender repo berbalik semalaman dan tender repo berbalik Islam. Ia juga mengumumkan ketersediaan repo berbalik, perjanjian jual dan beli semula serta kemudahan Murabahah Komoditi Bercagar dengan tempoh seminggu, satu bulan dan tiga bulan. Pada 4 petang, BNM menawarkan tender pasaran wang...