It has now hit a five-year peak following a drop in US consumer confidence

The local currency gains in early trade as the greenback slips during the holiday-shortened week

Local note on track to strengthen further in 2026, says economists

Possible American monetary easing also contribing to higher local note, says analyst

Markets now bet on narrower Fed–Malaysia rate gap

Local note may test breach of RM4.08 level as lower US federal fund rate in 2026 is plausible, says analyst

This comes as US Fed officials say they are in no rush to reduce rates

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

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

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

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 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