Forex News

The Japanese yen strengthened against other major currencies in the European session on Monday, as the investor sentiment fell on lingering tariff worries, the threat of a U.S. recession and signs of deepening deflationary pressures in China. China's consumer price index dropped in February at the fastest rate in 13 months, according to data released on Sunday, while producer price deflation continued for the 30th consecutive month. At the beginning of the week-long National People's Congress conference, which ends Tuesday, Beijing promised additional stimulus to increase consumption and promote artificial intelligence innovation. Concerns about U.S. tariffs and its impact on the economy, also led to the downturn of investor...

Ringgit ditutup rendah berbanding dolar AS pada Isnin susulan kebimbangan berterusan terhadap perang dagang, sementara tekanan deflasi di China semakin memberi kesan kepada mata wang Asia. Rakan Kongsi Pengurusan SPI Asset Management Stephen Innes bagaimanapun berkata mata wang tempatan itu tidak akan mengalami penurunan ketara ekoran keputusan terkini Bank Negara Malaysia untuk mengekalkan kadar faedah pada paras yang stabil terus memberikan sokongan, yang mengehadkan penurunan ringgit. Pada 6 petang, ringgit susut kepada 4.4200/4235 berbanding dolar AS daripada 4.4110/4145 ketika ditutup pada Jumaat. Menurut laporan Reuters, data pada Ahad menunjukkan Indeks Harga Pengguna (CPI) China menurun pada kadar yang paling ketara dalam 13...

The Japanese yen strengthened against other major currencies in the European session on Tuesday. The yen rose to a 5-day high of 159.04 against the euro and a 6-day high of 189.47 against the pound, from early lows of 160.35 and 190.95, respectively. Against the U.S. dollar and the Swiss franc, the yen edged up to 146.97 and 167.48 from early lows of 147.79 and 168.31, respectively. If the yen extends its uptrend, it is likely to find resistance around 155.00 against the euro, 187.00 against the pound, 145.00 against the greenback and 166.00 against the franc https://www.rttnews.com/3520009/yen-rises-against-majors.aspx?type=cm

The U.S. dollar weakened against other major currencies in the Asian session on Monday amid prospects of the U.S. Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation. The weakness in the value of the U.S. dollar comes after the Labor Department released a report showing employment in the U.S. increased by slightly less than expected in the month of February. The closely watched report said non-farm payroll employment climbed by 151,000 jobs in February after rising by a downwardly revised 125,000 jobs in January. Economists had expected employment...

The U.S. dollar weakened against other major currencies in the Asian session on Monday amid prospects of the U.S. Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation. The weakness in the value of the U.S. dollar comes after the Labor Department released a report showing employment in the U.S. increased by slightly less than expected in the month of February. The closely watched report said non-farm payroll employment climbed by 151,000 jobs in February after rising by a downwardly revised 125,000 jobs in January. Economists had expected employment...

The U.S. dollar weakened against other major currencies in the Asian session on Monday. The U.S. dollar fell to more than a 3-month low of 0.8765 against the Swiss franc and more than a 4-month low of 1.2946 against the pound, from Friday's closing quotes of 0.8795 and 1.2920, respectively. Against the euro and the yen, the greenback edged down to 1.0871 and 147.09 from last week's closing quotes of 1.0832 and 148.03, respectively. If the greenback extends its downtrend, it is likely to find support around 0.85 against the franc, 1.31 against the pound, 1.10 against the euro and 141.00 against the yen. https://www.rttnews.com/3519904/u-s-dollar-slides-against-majors.aspx?type=cm

Ringgit dibuka kukuh berbanding dolar AS pada Isnin, meneruskan momentum positifnya, didorong oleh jangkaan yang meningkat mengenai penurunan Kadar Dana Persekutuan Amerika Syarikat (AS), yang menyebabkan kemerosotan Indeks Dolar AS (DXY). Pada 8 pagi, mata wang tempatan terus meningkat kepada 4.4085/4210 berbanding dolar AS daripada 4.4110/4145 pada Jumaat lepas. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata DXY AS merosot kepada 103.830 mata, menunjukkan potensi kenaikan ringgit. Mengetengahkan faktor lain di sebalik kenaikan ringgit, beliau berkata data pasaran pekerjaan terkini di AS menunjukkan tanda-tanda trend lemah, dengan kadar penyertaan tenaga kerja jatuh kepada 62.4 peratus, terendah...

Langkah Bank Negara Malaysia (BNM) mengekalkan kadar dasar semalaman (OPR) dan prospek ekonomi makro Malaysia yang kukuh akan terus memacu ringgit yang diunjur diniagakan dalam julat 4.41-4.45 berbanding dolar Amerika Syarikat (AS), minggu depan. Kenanga Investment Bank Bhd berkata sebarang data gaji bukan perladangan (NFP) AS bagi Februari menghampiri 100,000, akan mengukuhkan semula jangkaan Rizab Persekutuan AS (Fed) menurunkan kadar faedah yang berpotensi melemahkan dolar AS dan sebaliknya mengukuhkan ringgit. “Pasaran kini tertumpu kepada Eropah dengan rangsangan fiskal dapat mengekang tindakan Bank Pusat Eropah (ECB) menurunkan lagi kadar faedah dan mengalihkan prospek dasar monetari Fed-ECB serta mengukuhkan euro. “Reaksi...

BERNAMA https://www.bernamabiz.com/news-bm.php?id=2400208

Langkah Bank Negara Malaysia (BNM) mengekalkan kadar dasar semalaman (OPR) dan prospek ekonomi makro Malaysia yang kukuh akan terus memacu ringgit yang diunjur diniagakan dalam julat 4.41-4.45 berbanding dolar Amerika Syarikat (AS), minggu depan. Kenanga Investment Bank Bhd berkata sebarang data gaji bukan perladangan (NFP) AS bagi Februari menghampiri 100,000, akan mengukuhkan semula jangkaan Rizab Persekutuan AS (Fed) menurunkan kadar faedah yang berpotensi melemahkan dolar AS dan sebaliknya mengukuhkan ringgit. “Pasaran kini tertumpu kepada Eropah dengan rangsangan fiskal dapat mengekang tindakan Bank Pusat Eropah (ECB) menurunkan lagi kadar faedah dan mengalihkan prospek dasar monetari Fed-ECB serta mengukuhkan euro. “Reaksi...

The U.S. dollar is seeing moderate weakness during trading on Friday, extending the downward move seen over the past week amid concerns about the impact of President Donald Trump's new tariffs. The U.S. dollar index has regained some ground after hitting its lowest level in four months but remains down 0.28 points or 0.3 percent at 103.78. The greenback is trading at 147.93 yen versus the 147.98 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.0846 compared to yesterday's $1.0785. The weakness in the value of the U.S. dollar comes after the Labor Department released a report showing employment in the U.S. increased by slightly less than expected in the month of February. The...

The Swiss franc moved up against the euro and the pound in the New York session on Friday. The franc climbed to a 2-day high of 0.9514 against the euro and a 3-day high of 1.1319 against the pound, off its early lows of 0.9574 and 1.1391, respectively. The currency is seen facing resistance around 0.92 against the euro and 1.11 against the pound. https://www.rttnews.com/3519834/swiss-franc-advances-against-euro-pound.aspx?type=cm

The Canadian dollar declined against its major counterparts in the New York session on Friday, as disappointing jobs data raised expectations that the Bank of Canada will cut interest rates at the meeting next week. Data from Statistics Canada showed that employment increased by 1,100 jobs in February, after rising by 76,000 jobs in January. Economists had expected employment to climb by 19,700 jobs. The unemployment rate held steady at 6.6 percent in February. The rate was expected to rise to 6.7 percent. The loonie fell to a 3-day low of 102.33 against the yen and more than a 4-year low of 1.5619 against the euro. The loonie declined to 1.4377 against the greenback. The loonie retreated to 0.9069 against the aussie, from an...

Niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives meningkat pada Jumaat di tengah-tengah sentimen pasaran yang positif dengan harga melepasi RM4,600 setiap tan untuk kontrak penanda aras Mei 2025, kata seorang peniaga. Peniaga minyak sawit David Ng berkata harga MSM melonjak kerana pasaran kekal bimbang mengenai pengeluaran dalam beberapa minggu akan datang. Sementara itu, paras saham rendah di negara ini dijangka menyokong harga dalam tempoh terdekat. "Kami menjangkakan harga MSM akan mendapat paras sokongan pada RM4,500 setiap tan dan berdepan paras rintangan pada RM4,780 setiap tan," katanya kepada Bernama. Sewaktu penutup dagangan, kontrak Mac 2025 naik RM126 kepada RM4,870 setiap tan, April 2025...

Market sentiment remains cautious ahead of the release of the monthly jobs data from the U.S. on Friday morning and a speech by Fed Chair Jerome Powell later in the day. Wall Street Futures are trading in positive territory. European benchmarks are trading deep in the red amidst concerns over the European Central Bank's monetary policy outlook and a possible pause in further rate cuts. Asian markets finished trading on a negative note. The Dollar Index extended losses as trade policy shifts weighed on sentiment and growth outlook. Bond yields mostly eased. Crude oil prices jumped amidst reports of potential reduction in supply of Iranian crude oil. Gold is trading close to the flatline. Cryptocurrencies are trading in the red zone...

Ringgit meneruskan aliran pengukuhannya berbanding dolar Amerika Syarikat (AS) pada akhir urus niaga Jumaat, didorong oleh prospek Rizab Persekutuan AS (Fed) menurunkan faedah serta keputusan Bank Negara Malaysia mengekalkan kadar dasar semalaman. Rakan Pengurusan SPI Asset Management Stephen Innes berkata senario itu menggalakkan perbezaan kadar faedah yang lebih kecil dan menyebabkan ramai pengeksport bertindak melepaskan pegangan dolar AS menjelang pengumuman data gaji bukan perladangan lewat malam ini. Pada 6 petang, ringgit mengukuh ke paras 4.4110/4145 berbanding dolar AS daripada 4.4230/4270 pada akhir urus niaga semalam. “Pasaran jelas cenderung untuk meningkat dan boleh mendorong kelemahan dolar AS pada minggu depan, sekali...

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Friday, following the release of China's trade data that showed a sharp slowdown in exports growth and an unexpected fall in imports during the January to February period. Data showed that the China trade surplus increased to $170.5 billion in January to February. This was well above forecast of $143.1 billion. China's exports growth eased more than expected at the start of the year and imports logged an unexpected sharp decline amid mounting trade tensions. Exports grew at a slower pace of 2.3 percent annually in the January to February period, following a 10.7 percent rise in December, data...

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Friday, following the release of China's trade data that showed a sharp slowdown in exports growth and an unexpected fall in imports during the January to February period. Data showed that the China trade surplus increased to $170.5 billion in January to February. This was well above forecast of $143.1 billion. China's exports growth eased more than expected at the start of the year and imports logged an unexpected sharp decline amid mounting trade tensions. Exports grew at a slower pace of 2.3 percent annually in the January to February period, following a 10.7 percent rise in December, data...

The New Zealand dollar weakened against other major currencies in the Asian session on Friday. The NZ dollar fell to a 5-year low of 1.8924 against the euro, from yesterday's closing value of 1.8807. Against the yen and the U.S. dollar, the kiwi slipped to a 3-day low of 84.29 and a 2-day low of 0.5712 from Thursday's closing quotes of 84.98 and 0.5736, respectively. If the kiwi extends its downtrend, it is likely to find support around 1.90 against the euro, 83.00 against the yen and against the 0.55 against the greenback. https://www.rttnews.com/3519625/nz-dollar-slides-against-most-majors.aspx?type=cm

The Australian dollar weakened against other major currencies in the Asian session on Friday. The Australian dollar fell to more than a 1-month low of 1.1018 against the NZ dollar, more than a 7-month low of 1.7154 against the euro and a 3-day low of 92.97 against the yen, from yesterday's closing quotes of 1.1039, 1.7038 and 93.80, respectively. Against the U.S. and the Canadian dollars, the aussie dropped to 2-day lows of 0.6300 and 0.9015 from Thursday's closing quotes of 0.6332 and 0.9050, respectively. If the aussie extends its downtrend, it is likely to find support around 1.08 against the kiwi, 1.72 against the euro, 91.00 against the yen, 0.60 against the greenback and 0.88 against the loonie...