KUALA LUMPUR, June 1 ― The ringgit is likely to remain in range-bound trading against the US dollar next week as markets further digest the global economic outlook, an analyst...
On a Friday-to-Friday basis, the ringgit appreciated to 4.7050/7080 against the greenback compared to 4.7100/7130 a week earlier. — Picture by Miera ZulyanaKUALA LUMPUR, June 1 ― The ringgit is likely to remain in range-bound trading against the US dollar next week as markets further digest the global economic outlook, an analyst said.
He said the market's focus started to shift to the upcoming Federal Open Market Committee meeting, which is scheduled to convene on June 11 and 12.He noted that the main issue affecting market sentiments is whether the Federal Reserve would cut the rates or let them remain as they are.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sasha Alex Sloan Kicks Off Her 'Me Again' Tour in Kuala Lumpur this AugustYOUR DAILY BUNGKUS OF NEWS, EVENTS, POP CULTURE & HOT TEA.
Read more »
EXO Member D.O. (Doh Kyung Soo) To Hold Concert In Kuala Lumpur; Tix & Seating Plan UnveiledMalaysia Latest News, Trends and Entertainment
Read more »
eaJ Is Officially Having A Concert In Kuala LumpurHe's coming back!
Read more »
Thai Star Fourth Nattawat To Make Special Appearance In Pavilion Kuala LumpurMalaysia Latest News, Trends and Entertainment
Read more »
Epik High Will Be Having A Concert In Kuala LumpurGet PUMP-ed!
Read more »
Singapore PM Wong to make early introductory visit to Kuala Lumpur; fruitful discussion with Mohamad HasanFamily visits popular attraction, former royal residence, child squats by wall. Chinese accused of behaving ‘inappropriately’, gain reputation as uncouth.
Read more »