Weak US Data Puts Pressure on Malaysian Ringgit to Break 4.70 Against US Dollar
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#edbf6f6a ver:1.37

Weak US data puts pressure on Malaysian Ringgit to break 4.70 against US Dollar. Despite signs of weakness in the US economy, the ringgit remains stable. Concerns over the French election and a dovish pause by the Bank of England contribute to a stronger DXY. Fed speakers emphasize the need for more data before considering easing. Expected stable domestic inflation may help keep the ringgit stable. A neutral outlook is expected for the week ahead, with the pair likely to trade near its 5-day EMA of 4.713. #USdata #Ringgit #Forex...

#newstr #MalaysianRinggit #UsEconomy #ForeignExchange #EconomicIndicators 

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