Tag: currency trading


  • Ringgit Opens Lower Against USD, Rises vs Major Currencies

    Ringgit Opens Lower Against USD, Rises vs Major Currencies

    Overview: Ringgit moves in mixed directions The Malaysian ringgit opened lower against the U.S. dollar on Wednesday, even as it posted gains against several major currencies. Traders cited a mix of geopolitical risk factors, carry-over market sentiment from recent headlines, and ongoing political discourse about monetary policy as drivers behind the uneven moves in the…