Ringgit to ease slightly amid quiet market next week

ประเทศไทย ข่าว ข่าว

Ringgit to ease slightly amid quiet market next week
ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

US dollar demand set to be subdued ahead of Christmas and New Year breaks. FMTNews Ringgit Dollar

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KUALA LUMPUR: The ringgit is expected to ease slightly against the US dollar next week amid subdued demand ahead of the Christmas and New Year breaks, moving between the 4.00-4.15 level.

Speaking to Bernama, Innes said he foresees the ringgit trading in a tight range of 4.1550 and below against the greenback even though the US-China trade deal had made some positive development. He said the economic prints would be set against the optimism surrounding the US-China trade deal that is expected to be signed next month, with markets adopting a risk-on tone as fears over a global recession subside.“​For the week ahead, the immediate support level for the US dollar-ringgit could be drawn at 4.12 in the event of more dollar weakness.

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