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Analysts: Cautious week ahead for ringgit as markets eye Trump’s war call

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Analysts: Cautious week ahead for ringgit as markets eye Trump’s war call

AI Summary

The Malaysian ringgit is projected to remain range-bound between RM4.24 and RM4.25 next week, influenced by the Middle East conflict and upcoming US inflation data. The US dollar's movement and President Trump's decision regarding involvement in the conflict are key factors. While geopolitical concerns initially boosted the US dollar, causing the ringgit to weaken against it, the local currency performed better against other major and ASEAN currencies, except the Singapore dollar.

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