Ringgit to trade higher against US dollar
KUALA LUMPUR: The ringgit is likely, next week, to trade between the 4.165 and 4.185 level, influenced by external factors, with the greenback general direction and oil prices expected to drive sentiment again, said an analyst. AxiCorp chief global market strategist Stephen Innes said the US dollar is unlikely to turn significantly bullish as traders […]
Ringgit’s uptrend likely to continue next week
KUALA LUMPUR: The ringgit is likely to continue strengthening against the US dollar next week, riding on the upbeat unemployment rate data, anticipation of better-than-expected second-quarter (Q2) gross domestic product (GDP) data and a weaker greenback, dealers said. Nevertheless, investors would keep an eye on the trade talk between high-level officials of the United States […]
