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

RTTNews | 437 days ago
Malaysian Ringgit Falls To 4-day Low Against U.S. Dollar

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

Against the greenback, the ringgit fell to a 4-day low of 4.5625 from an early high of 4.5444. At Friday's close, the ringgit was trading at 4.5330 against the greenback.

If the ringgit extends its downtrend, it is likely to find support around the 4.70 area.

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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 33min ago