Malaysian Ringgit Falls To 4-day Low Against U.S. Dollar

RTTNews | vor 654 Tagen
Malaysian Ringgit Falls To 4-day Low Against U.S. Dollar

(RTTNews) - The Malaysian ringgit weakened against the U.S. dollar in the pre-European session on Monday.

Against the greenback, the ringgit fell to a 4-day low of 4.5625 from an early high of 4.5444. At Friday's close, the ringgit was trading at 4.5330 against the greenback.

If the ringgit extends its downtrend, it is likely to find support around the 4.70 area.

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U.S. Existing Home Sales Unexpectedly See Further Downside In April

U.S. Existing Home Sales Unexpectedly See Further Downside In April

Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales fell by 0.5 percent to an annual rate of 4.00 million in April after plunging by 5.9 percent to a rate of 4.02 million in March.
RTTNews | vor 1Std 18 Minuten