Positive sentiments, country’s strong reserves come ahead of Friday’s budget announcement

Optimism that govt will maintain fiscal discipline backs local currency

Incoming Japanese PM Takaichi's support for pro-growth policies seems to boost greenback, says analyst

Analysts expect stability, discipline from Friday’s Budget 2026 announcement

This comes as the US expects uncertainty from government shutdown

US govt shutdown affects release of statistical data, further uncertainty over country’s current economic condition, says analyst

Local note also climbs against regional, other major currencies

Recent shifts in economic data, bias towards further strengthening contribute to prediction

American NFP report delay will impact traders as they may not have latest data points to form opinions, says analyst

Expectations of lower US interest rates are adding pressure on greenback, supporting ringgit’s upward momentum

National currency could attempt to breach RM4.20 threshold if US Fed proceeds with interest rate cuts should shutdown occur, says analyst

Budget 2026 tabling expected to retain expansionary stance, supporting ringgit in medium to longer term, says analyst

Traders remained cautious due to lack of clear guidance from US Federal Reserve, says analyst

It is expected to trade within a narrow range of RM4.21 and RM4.22 today

However, the yuan’s weaker reference rate will cause it near-term fragility

Mixed signals from US Fed officials continued to lend support to the dollar, says analyst

Economist says cautious Federal Reserve signals also helped the local noted climb

Move indicates that govt is being pragmatic in upholding fiscal discipline, subsidy increases household disposable income, says analysts

This shows that Malaysia’s sovereign rating remains stable, says economist

US second-quarter GDP data release will be closely watched for potential implications on US Fed's policy path