Malaysian Ringgit Falls To 4-day Low Against U.S. Dollar

RTTNews | 387 일 전
Malaysian Ringgit Falls To 4-day Low Against U.S. Dollar

(RTTNews) - The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Tuesday.

Against the greenback, the ringgit fell to a 4-day low of 4.6928 from an early high of 4.6855. At yesterday's close, the ringgit was trading at 4.6830 against the U.S. dollar.

If the ringgit extends its downtrend, it is likely to find support around the 4.72 region.

read more
Dollar Extends Gains Against Major Counterparts

Dollar Extends Gains Against Major Counterparts

After struggling for direction during the Asian and European sessions on Thursday, the U.S. dollar climbed higher in the New York session, buoyed by data showing a more than expected increase in U.S. retail sales in the month of September. Data showing a drop in jobless claims contributed as well to the dollar's rise.
RTTNews | 5 시간 1 분 전