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

RTTNews | 353 days ago
Malaysian Ringgit Rises To Near 2-week High Against U.S. Dollar

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

Against the greenback, the ringgit rose to nearly a 2-week high of 4.7540 from Friday's closing value of 4.7760.

If the ringgit extends its uptrend, it is likely to find resistance around the 4.70 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 41min ago