Growing Caution Pressures Ringgit To Trade Rangebound Above 4.70/USD
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#edbf6f6a ver:1.35

Growing caution pressures the Malaysian ringgit to trade rangebound above 4.70/USD as the US dollar's improved sentiment drives it lower. The ringgit strengthens against major currencies but weakens against the euro and its ASEAN peers. Weakness in the US economy and concerns over the French election contribute to the ringgit's instability. Stable domestic inflation and weak US data may impact the ringgit's performance in the coming week. The USDMYR's neutral outlook is expected to persist, with a possible range of 4.700-4.729. #ringgit #forex #USD #economy...

#newstr #Ringgit #UsDollar #AseanCurrencies #UsEconomy 

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