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

RTTNews | 233 days ago
Malaysian Ringgit Rises To 2-week High Against U.S. Dollar

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

Against the U.S. dollar, the ringgit rose to a 2-week high of 4.7600 from an early 4-day low of 4.7795. At yesterday's close, the ringgit was trading at 4.7750 against the greenback.

If the ringgit extends its uptrend, it is likely to find resistance around the 4.71 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 26min ago