Rising confidence and softer US dollar fuel fresh demand for the local unit

Analyst expects narrow trading range as investors await US inflation and jobs data

Local note at the highest since April 2021

This comes after Fed delivers expected rate cut and amid weakening US labour indicators

Local note reaches highest level on record since Oct 5, 2021

Traders concerned if US Fed will make more cuts amid import tariff hike's impact next year, says analyst

Local note however gains against other major currencies on Fed cut expectations

Exchange rate reflective of traders' cautious stance while awaiting meeting's outcomes, says analyst

Local note logs mixed performance against other major, Asean currencies at the open

US Fed 25 basis points cut almost a certainty, says analyst

Fed rate cut continues to support the local currency, says analyst

Market sentiments centred on the US FOMC meeting next week, says analyst

Its gains against greenback and regional currencies highlight market resilience

Softer economic data strengthened expectations of US interest rate cut, American unemployment rate may impact local note, says analysts

Meanwhile, the greenback falls 0.48 pct as expectations grow of a Fed rate cut next week

Local note bounces to 4.12 level versus greenback, beating previous record on Sept 30, 2024

Local note holds in a tight range amid strong odds of a US rate cut

Lower ISM Index for American manufacturing sector in November a contributing factor, says analyst

Local note buoyed by expectations of Washington interest rate cuts

Traders eyeing US economic data tonight for further guidance on market direction, says analyst