Tag: non-farm payrolls
-
Ringgit slips as US dollar firms ahead of payrolls data
Ringgit slips as US dollar firms ahead of payrolls data The Malaysian ringgit opened lower against the US dollar this morning, extending losses as traders brace for the key US non-farm payrolls (NFP) report. The local currency traded at 4.0650/0750 per greenback at 8 am local time, modestly weaker than the prior session, reflecting the…
-
Ringgit Declines as US Dollar Strength Persists Ahead of Payrolls Release
Rising Dollar Pressure Pushes Ringgit Lower The Malaysian ringgit opened the session softer against the US dollar, with traders citing a firmer US Dollar Index (DXY) as the primary driver. Market participants are bracing for tonight’s release of the US non-farm payrolls data, a key indicator that could influence expectations for the Federal Reserve’s near-term…