Malaysian Ringgit Rises To More Than 2-week High Against U.S. Dollar

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Malaysian Ringgit Rises To More Than 2-week High Against U.S. Dollar

(RTTNews) - The Malaysian ringgit strengthened against the U.S. dollar in the Asian session on Friday. Against the greenback, the ringgit rose to more than a 2-week high of 4.7360 from yesterday's closing value of 4.7500.

If the ringgit extends its uptrend, it is likely to find resistance around the 4.70 area.

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TSX Up Nearly 1% As Interest Rate Concerns Drop

TSX Up Nearly 1% As Interest Rate Concerns Drop

The Canadian market is up firmly in positive territory Wednesday afternoon as U.S. consumer price inflation data has raised hopes the Federal Reserve will lower interest rates in its next meeting, or in March 2025. Technology, real estate, financials and healthcare stocks notably higher. A few stocks from consumer staples, industrials and materials sectors are also up, while shares from the rest
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