The Malaysian ringgit advanced to nearly a 2-week high of 3.1540 against its US counterpart on Wednesday morning in Asia, compared to 3.1638 hit late New York Tuesday. The next upside target for the ringgit is seen around the 3.1480 level.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.