Malaysian Ringgit Falls To Near 3-week Low Against U.S. Dollar

RTTNews | 10 days ago
Malaysian Ringgit Falls To Near 3-week Low Against U.S. Dollar

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

Against the U.S. dollar, the ringgit fell to nearly a 3-week low of 4.2845 from an early high of 4.2360. At Friday's close, the ringgit was trading at 4.2150 against the greenback.

If the ringgit extends its downtrend, it is likely to find support around the 4.40 region.

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Canadian Market Modestly Higher, Looks Headed For A Firm Close

Canadian Market Modestly Higher, Looks Headed For A Firm Close

The Canadian market is modestly higher Thursday afternoon with gains in materials and energy sectors contributing to the rise. The mood remains positive with investors reacting to the European Central Bank's rate cut move, and optimism about interest rate reductions from the Federal Reserve and the Bank of Canada.
RTTNews | 4h 29min ago