Ringgit Expected to Strengthen in 2024, Analysts Say on Nostr: Ringgit Strengthens Against US Dollar Amid Weaker US Economic Data =============== ...
Ringgit Strengthens Against US Dollar Amid Weaker US Economic Data
===============
#e283bda6 ver:0.63
The ringgit strengthens against the US dollar amid weaker US economic data, raising expectations of a potential interest rate cut by the US Federal Reserve. The ringgit's performance is closely tied to global economic developments, particularly those in the US. Weak US economic data resulted in emerging currencies, including the ringgit, appreciating against the US dollar. The ringgit's performance will be guided by data points and any possible shift in the monetary policy stance. #ringgit #USD #economy #interestrates...
#newstr #Ringgit #UsDollar #WeakUsEconomicData #InterestRateCut #FederalReserve #GlobalEconomicDevelopments #EmergingCurrencies #JapaneseYen #BritishPound #Euro #AseanPeers #IndonesianRupiah #SingaporeDollar #ThaiBaht #Philippines'Peso #WeakerEconomicData #SofteningEconomy #MonetaryPolicy #NonfarmPayroll #Inflation #RestrictiveMonetaryPolicy #UsdIndex #WeaknessInTheUsEconomy #RateCut #TrumpVictory #PoliticalRiskPremium #FrenchElection #Bnm'sPolicy #MacroeconomicOutlook
https://here.news/story/e283bda6?ver=0.63Published at
2024-07-06 05:02:19Event JSON
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"content": "Ringgit Strengthens Against US Dollar Amid Weaker US Economic Data\n===============\t\n#e283bda6 ver:0.63\n\nThe ringgit strengthens against the US dollar amid weaker US economic data, raising expectations of a potential interest rate cut by the US Federal Reserve. The ringgit's performance is closely tied to global economic developments, particularly those in the US. Weak US economic data resulted in emerging currencies, including the ringgit, appreciating against the US dollar. The ringgit's performance will be guided by data points and any possible shift in the monetary policy stance. #ringgit #USD #economy #interestrates...\n\n#newstr #Ringgit #UsDollar #WeakUsEconomicData #InterestRateCut #FederalReserve #GlobalEconomicDevelopments #EmergingCurrencies #JapaneseYen #BritishPound #Euro #AseanPeers #IndonesianRupiah #SingaporeDollar #ThaiBaht #Philippines'Peso #WeakerEconomicData #SofteningEconomy #MonetaryPolicy #NonfarmPayroll #Inflation #RestrictiveMonetaryPolicy #UsdIndex #WeaknessInTheUsEconomy #RateCut #TrumpVictory #PoliticalRiskPremium #FrenchElection #Bnm'sPolicy #MacroeconomicOutlook \n\n https://here.news/story/e283bda6?ver=0.63",
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