KUALA LUMPUR, Aug 10 — The ringgit is expected to continue its uptrend against the US dollar next week on the back of positive sentiment ahead of the release of macroeconomic...
What do Selena Gomez, George Clooney and Serena Williams have in common? Playing pickleball, and here’s how you get ready to join in a game For the week just ended, the ringgit has been trading firmly since the beginning when it climbed to touch the 4.4000 level against the US dollar on Monday.
“It appears that the ringgit against the US dollar might want to test its immediate support level of 4.40 next week given the positive vibes in the market,” he told Bernama. “Our projection remains for two rate cuts by the US Federal Reserve, particularly given the political and geopolitical risks on the horizon.
The local note then corrected as the US Dollar Index rebounded mid-week, before ending the week on a stronger note.
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