Forex News

The U.S. dollar declined against its major counterparts in the New York session on Thursday, as worries about tariffs eased following the Trump administration's decision to delay car tariffs for Canada and Mexico by a month. Further, Commerce Secretary Howard Lutnick told CNBC that all goods and services that are compliant with the United States-Mexico-Canada trade agreement will likely be excluded from Trump's tariffs for one month. President Donald Trump announced on Truth Social that he will delay tariffs on Mexico's USMCA-compliant goods until April 2. In economic news, the Labor Department released a report showing first-time claims for U.S. unemployment benefits fell by more than expected in the week ended March 1st. The...

The uncertain trade policy environment and anxiety ahead of the crucial jobs data release from the U.S. on Friday weighed on global market sentiment. Markets also cheered the relief for automakers from the higher tariff. Wall Street Futures are trading in negative territory. European benchmarks are trading lower amidst an anxious wait for another rate cut by the European Central Bank. Asian markets finished trading on a mostly positive note. The Dollar Index continued to decline amidst tariff relief hopes and concerns about impact of tariff on growth. Bond yields mostly spiked. Crude oil prices rebounded after continuous losses. Gold declined amidst anxiety ahead of the crucial jobs data release. Cryptocurrencies are trading firmly in...

The Japanese yen strengthened against other major currencies in the European session on Thursday, in reaction to the Bank of Japan's (BoJ) hawkish monetary policy outlook. Additionally, concerns about a worsening global trade war are driving up demand for safe haven currency like JPY. The yield on Japan's 10-year government bonds jumped beyond 1.5%, reaching its highest level in more than 15 years. Following Germany's announcement of a €500 billion infrastructure fund and proposals to alter borrowing laws, a wider rally in European bond yields contributed to this increase. It is anticipated that these actions will boost German GDP and improve investor sentiment. Recently, Deputy Governor Shinichi Uchida of the Bank of Japan...

Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives ditutup lebih tinggi pada Khamis disebabkan kebimbangan mengenai pengeluaran pada minggu-minggu akan datang, kata seorang peniaga. Peniaga minyak sawit, David Ng berkata ketegangan perang perdagangan yang berterusan di antara Amerika Syarikat dengan China turut menaikkan sentimen dalam pasaran minyak sawit. “Kami mengunjurkan harga MSM akan mendapat paras sokongan iaitu pada RM4,400 setiap tan dan paras rintangan pada RM4,600 setiap tan,” katanya kepada Bernama. Pada penutup dagangan, kontrak Mac 2025 meningkat sebanyak RM75 kepada RM4,744 setiap tan, April 2025 mencatatkan kenaikan RM62 kepada RM4,582 setiap tan dan Mei 2025 bertambah RM63 kepada RM4,480...

Ringgit terus ditutup tinggi berbanding dolar AS bagi hari ketiga berturut-turut hari ini apabila status mata wang selamat dolar AS semakin melemah, kata seorang penganalisis. Kelemahan dolar itu, katanya, disebabkan oleh data ekonomi Amerika Syarikat (AS) yang perlahan, ketidaktentuan tarif dan penggubalan dasar yang tidak menentu yang mendorong para peniaga beralih kepada mata wang lain. Pada 6 petang, unit tempatan meningkat kepada 4.4230/4270 berbanding dolar AS daripada paras penutup 4.4270/4320 pada Rabu. Rakan pengurusan SPI Asset Management Stephen Innes berkata buat masa ini dolar AS kekal berada dalam keadaan lemah. "Melainkan ekonomi AS mengalami lonjakan tidak dijangka yang menggegarkan pasaran, paras rintangan dijangka...

The Japanese yen strengthened against other major currencies in the European session on Thursday, in reaction to the Bank of Japan's (BoJ) hawkish monetary policy outlook. Additionally, concerns about a worsening global trade war are driving up demand for safe haven currency like JPY. The yield on Japan's 10-year government bonds jumped beyond 1.5%, reaching its highest level in more than 15 years. Following Germany's announcement of a €500 billion infrastructure fund and proposals to alter borrowing laws, a wider rally in European bond yields contributed to this increase. It is anticipated that these actions will boost German GDP and improve investor sentiment. Recently, Deputy Governor Shinichi Uchida of the Bank of Japan...

The euro strengthened against other major currencies in the Asian session on Thursday, following a spike in European bond yields on Germany's proposed 500-billion-euro ($539.85 billion) infrastructure fund and a revision to borrowing restrictions. In addition to upgrading the growth estimate for the larger Euro area, Goldman Sachs improved its economic growth projection for Germany this year, noting the possibility of higher military and infrastructure spending. Goldman has increased its growth forecast for Europe's largest economy by 0.2 percentage points to 0.2 percent growth. Investors looked ahead to the European Central Bank's interest-rate decision and President Christine Lagarde's press conference later in the day for...

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid risk appetite, as traders react positively to news that the Trump administration announced a one-month delay on tariffs affecting cars entering the U.S. from Canada and Mexico, raising hopes for negotiations. However, the broader 25 percent duties imposed on Canada and Mexico remain in effect with no resolution in sight and more levies are set to begin in April. The U.S. economic calendar remains light today, with reports on weekly jobless claims and the trade deficit likely to garner some attention ahead of the all-important jobs report due Friday. The White House...

--fotoBERNAMA (Fail/File) Harga runcit petrol RON97 dan diesel di Semenanjung Malaysia turun sebanyak lima sen iaitu masing-masing ditetapkan pada RM3.38 dan RM3.13 seliter bagi tempoh 6 hingga 12 Mac ini. Kementerian Kewangan (MOF) dalam kenyataan hari ini memaklumkan harga runcit petrol RON95 kekal RM2.05 seliter manakala harga diesel di Sabah, Sarawak dan Labuan turut kekal pada RM2.15 seliter. MOF memaklumkan penetapan kadar itu adalah seiring dengan perubahan harga pasaran minyak. “Kerajaan akan terus memantau perkembangan pasaran dan menyelaras harga runcit minyak dengan mengambil kira pergerakan harga pasaran minyak dan juga menyokong kestabilan harga,” menurut kenyataan itu. Menurut MOF, kerajaan akan terus memantau kesan...

Ringgit melonjak berbanding dolar AS hari ini susulan kelemahan mata wang Amerika Syarikat itu dan disokong oleh peningkatan minat risiko global, kata seorang penganalisis. Pada 6 petang, unit tempatan mencatatkan peningkatan ketara kepada 4.4270/4320 berbanding dolar AS daripada 4.4635/4680 pada Selasa. Rakan pengurusan SPI Asset Management Stephen Innes berkata dolar AS mengalami penurunan pantas apabila data ekonomi AS yang lebih lemah mengimbangi sepenuhnya sebarang kesan negatif daripada tarif, membolehkan peniaga menilai semula jangkaan pertumbuhan dan beralih kepada mata wang serantau seperti ringgit. “Menambah kepada momentum positif itu adalah keputusan Beijing untuk mengekalkan sasaran pertumbuhan pada 5.0 peratus yang...

Kontrak niaga hadapan minyak sawit mentah (MSM) di Bursa Malaysia Derivatives ditutup tinggi pada Rabu berikutan sentimen pasaran yang positif, dengan harga melepasi RM4,400 satu tan metrik untuk kontrak penanda aras Mei 2025, kata seorang peniaga. Peniaga minyak sawit David Ng berkata harga MSM meningkat apabila sentimen pasaran dirangsang oleh ketegangan perdagangan yang semakin meningkat antara Amerika Syarikat (AS) dan China. “Potensi tarif China ke atas kacang soya AS mungkin mengalihkan permintaan daripada kacang soya kepada minyak sawit, membawa kepada permintaan yang lebih tinggi untuk minyak sawit dan sekali gus meningkatkan sentimen pasaran. “Kami menjangkakan harga MSM akan berada pada paras sokongan RM4,280 satu tan dan...

Ringgit meneruskan momentum positifnya berbanding dolar Amerika Syarikat (AS) pada sesi awal urus niaga Khamis, susulan ketidaktentuan ketara berhubung tindakan AS mengenakan tarif import yang menjejaskan sentimen niaga dan pengguna, kata penganalisis. Pada 8 pagi ini, ringgit melonjak 170 peratusan dalam mata (PIP) kepada 4.4100/4250 berbanding dolar AS daripada 4.4270/4320 yang dicatatkan pada akhir urus niaga semalam. Sehubungan itu, Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata senario sedemikian akan menyaksikan firma dan isi rumah cenderung mengurangkan perbelanjaan yang hanya memburukkan lagi pertumbuhan ekonomi negara maju itu. Menurutnya, beberapa bank pelaburan utama di AS turut...

The U.S. dollar weakened against other major currencies in the European session on Wednesday, amid growing worries about slowing U.S. economic growth and the effects of recently imposed tariffs. Instead of being pro-growth and inflationary for the economy, as investors had previously predicted, they are expecting Trump's tariffs to slow down U.S. economic growth. Markets are also cautious following the imposition of tariffs by U.S. in Canada, Mexico and China, and the retaliatory measures by China and Canada. Investors were also reacting to comments from U.S. Commerce Secretary Howard Lutnick that President Donald Trump will "probably" announce a deal to reduce tariffs on Canada and Mexico. In the European trading today, the U.S...

The euro strengthened against other major currencies in the European session on Wednesday, as traders reacted positively to news about the German government's plans to increase defense and infrastructure spending. Germany's chancellor-in-waiting, Friedrich Merz, announced yesterday that the nation's main centrist parties had agreed to establish the infrastructure fund to invest in transportation, energy grids, and housing. Merz also stated that Germany would amend its constitution to exempt defense and security spending from fiscal limits. Investors were also reacting to comments from U.S. Commerce Secretary Howard Lutnick that President Donald Trump will "probably" announce a deal to reduce tariffs on Canada and Mexico. Investors...

KUALA LUMPUR, 21 Jan (Bernama) -- Ringgit memulakan urus niaga Selasa dengan lebih mengukuh berbanding dolar Amerika Syarikat (AS) yang lemah selepas Presiden Donald Trump dalam ucapan sulungnya sebagai Presiden ke-47, tidak mengumumkan sebarang tarif baharu, khususnya ke atas China. Pada jam 8 pagi ini, ringgit diniagakan pada paras 4.4650/4815 berbanding dolar AS yang meningkat daripada 4.4910/4960 pada akhir urus niaga semalam. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata Indeks Dolar AS (DXY) susut 1.16 peratus kepada 108.082 mata selepas ucapan Trump dalam majlis angkat sumpahnya, malam tadi. “Tiada sebarang pengumuman khusus mengenai kenaikan tarif ke atas China. Namun Wall Street Journal...

Ringkasan Berita NZD menguat disebabkan optimisme kadar faedah dan pasaran komoditi. People's Bank of China mengekalkan kadar faedah utama pada sesi ketiga berturut-turut. NZD mencapai paras tertinggi 4 hari terhadap EUR dan JPY dalam dagangan Asia. NZD Kukuh Di Tengah Sentimen Risiko Positif Di Pasaran Asia RTT News telah melaporkan bahawa dolar New Zealand (NZD) meningkat berbanding mata wang utama lain dalam sesi dagangan Asia pada hari Isnin, didorong oleh selera risiko dalam kalangan pedagang. Kenaikan ini berlaku susulan petunjuk positif dari Wall Street pada hari Jumaat yang lepas, bersama optimisme baru terhadap kadar faedah. Walau bagaimanapun, pedagang tetap berhati-hati menjelang pelantikan Presiden Amerika Syarikat yang...

Summary US Dollar rally shows potential weakness due to structural and cyclical factors. Australian Dollar gains momentum with stronger domestic economy and commodities exports. Key focus on Australia's labor market, housing demand, and clean energy-driven resources. The recent strength of the US Dollar is revealing cracks as experts anticipate a potential slowdown. Analysts from BCA Research believe the US Dollar's recent rally might be at risk, citing that the currency appears overbought. Although momentum may sustain its short-term performance, structural and cyclical concerns signal possible vulnerability ahead. Their advice to investors? Exercise caution when dealing with the Greenback. On the other hand, the Australian Dollar...

Summary The Japanese Yen experienced its most significant weekly gain in over a month, appreciating 1.5% against the US Dollar due to expectations of a Bank of Japan interest rate hike. China's Yuan remained stable following a stronger-than-expected GDP growth of 5.4% in the fourth quarter, leading to a 5% annual growth for 2024. The US Dollar Index declined by 0.6% over the week as traders anticipate potential interest rate cuts by the Federal Reserve amid weakening US core inflation. Market Overview The Japanese Yen has recorded its most substantial weekly increase in over a month, rising by 1.5% against the US Dollar. This surge is attributed to anticipations that the Bank of Japan (BOJ) may raise interest rates in the...

Summary The Japanese Yen appreciated due to speculation of a potential rate hike by the Bank of Japan. The South Korean Won remained stable following the Bank of Korea's decision to maintain interest rates. The Chinese Yuan experienced a slight decline amid concerns over the country's economic recovery. The Japanese Yen appreciated on Thursday, driven by speculation that the Bank of Japan (BOJ) might consider increasing interest rates in the near future. This speculation emerged after a recent report suggested that the BOJ is contemplating a rate hike to address rising inflation. In contrast, the South Korean Won remained stable after the Bank of Korea (BOK) decided to keep its interest rates unchanged. This decision aligns with...

KUALA LUMPUR, 16 Jan (Bernama) -- Ringgit memulakan urus niaga Khamis dengan mencatat pengukuhan kecil berbanding dolar Amerika Syarikat (AS), di tengah-tengah sentimen memberangsangkan pelabur berikutan data ekonomi negara maju itu yang mengatasi jangkaan awal, kata penganalisis. Keadaan itu telah menyuntik sedikit sentimen positif susulan tekanan inflasi AS yang turut mendorong minat terhadap risiko dalam pasaran kewangan. Pada jam 8 pagi ini, ringgit diniagakan pada 4.4950/5045 berbanding dolar AS daripada paras 4.4970/5010 pada akhir urus niaga semalam. Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata Indeks Harga Pengguna (IHP) AS yang diumumkan, seiring jangkaan pada 2.9 peratus manakala...