Ringgit Strengthens Against US Dollar on Improved Sentiment and Expectations of Fed Rate Cut
===============
#e283bda6 ver:0.68
The ringgit strengthens against the US dollar on improved sentiment and expectations of a Fed rate cut. The US dollar is supported by better-than-expected Nonfarm Payrolls data, but weaker US economic data and the anticipation of a rate cut lead to the ringgit's appreciation. The ringgit also trades higher against other major currencies. The US Consumer Price Index will be closely watched for inflation data. #Ringgit #USDollar #FedRateCut #EconomicData...
#newstr #Ringgit #UsDollar #Sentiment #InterestRates #FederalReserve #BankNegaraMalaysia #OvernightPolicyRate #Currencies #Inflation
https://here.news/story/e283bda6?ver=0.68
Ringgit Expected to Strengthen in 2024, Analysts Say /
npub18f…hqwmt
2024-07-10 12:05:59
Author Public Key
npub18flgef8h36z5d6jp27wrk66v4rddtjq498ewyymq3x2696nw8lasshqwmtPublished at
2024-07-10 12:05:59Event JSON
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"content": "Ringgit Strengthens Against US Dollar on Improved Sentiment and Expectations of Fed Rate Cut\n===============\t\n#e283bda6 ver:0.68\n\nThe ringgit strengthens against the US dollar on improved sentiment and expectations of a Fed rate cut. The US dollar is supported by better-than-expected Nonfarm Payrolls data, but weaker US economic data and the anticipation of a rate cut lead to the ringgit's appreciation. The ringgit also trades higher against other major currencies. The US Consumer Price Index will be closely watched for inflation data. #Ringgit #USDollar #FedRateCut #EconomicData...\n\n#newstr #Ringgit #UsDollar #Sentiment #InterestRates #FederalReserve #BankNegaraMalaysia #OvernightPolicyRate #Currencies #Inflation \n\n https://here.news/story/e283bda6?ver=0.68",
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