[ad_1] KUALA LUMPUR: The ringgit continued its downtrend to push past 4.70 against the greenback today amid concerns over the higher-for-longer US interest rate outlook, said an analyst. At 6…
Tag: forex
Maybank manager burnt by forex trading took S$1.4 million from branch safe, gets jail
[ad_1] SINGAPORE: A service manager at a Maybank Singapore branch incurred credit card debts and suffered heavy losses from trading in the foreign exchange market (Forex). He began borrowing money…
Ringgit opens little changed against US dollar
[ad_1] KUALA LUMPUR: The ringgit was little changed against the US dollar this morning amid weak sentiment across Asian currencies and the ongoing China property market woes. At 9 am,…
Ringgit opens slightly higher against USD, seen in narrow range today
[ad_1] KUALA LUMPUR: The ringgit opened slightly higher against the US dollar this morning on mild demand for the domestic note. At 9.22 am, the local note rose to 4.6825/6860…
Asian FX range-bound; Indian rupee rises on JPMorgan index inclusion
[ad_1] EMERGING Asian stock markets rose on Friday, while most currencies traded in a narrow range as investors digested the prospects of higher-for-longer U.S. interest rates. In India, the rupee…
Ringgit ends slightly higher tracking the positive equity market
[ad_1] KUALA LUMPUR: The ringgit ended slightly higher against the US dollar today on mild demand, tracking the positive sentiment on the equity market despite the firmer greenback, analysts said.…
Mitrade Earns Prestigious Honors as Global Fintech Broker and LATAM’s Most Transparent Broker at Global Forex Awards
[ad_1] MELBOURNE, AUSTRALIA, Sept. 20, 2023 (GLOBE NEWSWIRE) — Mitrade was recognized as the “Best Fintech Broker – Global” and “Most Transparent Broker – LATAM” for its market growth and…
More muscle on margins behind Trustpilot stock surge
[ad_1] Stock tops FTSE All-Share leader board with near-17% jump Management talk up further margin gain Investors impressed by profit quality promise Online reviews and analytics platform Trustpilot (TRST) surged on 19…
More pressure on yuan
[ad_1] BEIJING: China is witnessing the biggest flight of capital in years, creating concern for authorities as it worsens pressure on the beleaguered yuan. The currency has been hammered from…