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

RTTNews | 439 days ago
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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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 12min ago