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

RTTNews | 477 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 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
European Stocks Close On Firm Note On Encouraging Economic Data

European Stocks Close On Firm Note On Encouraging Economic Data

European stocks closed higher on Wednesday as investors reacted to some encouraging economic data, including consumer price inflation data from the U.K. and the U.S. The less than expected increase in U.S. consumer price inflation has raised hopes of rates cuts by the Federal Reserve.
RTTNews | 5h 9min ago