Emerging market currencies may gain further traction if traders, investors sense US Fed could be behind the curve, says economist
It is expected to trade at RM4.19 range, says economist
Local note saw correction due to some uncertainty over outlook, says analyst
Local note likely to hover between RM4.19 and RM4.20 against US dollar, says expert
Expectations of rate slash fuels demand for emerging market currencies, says analyst
Local note performance underpinned by resilient global equity markets, signs of easing Beijing-Washington trade tensions
Local note surges ahead of anticipated US interest rate cut
However, it traded lower against the yen, pound and euro
It strengthens against the yen, pound, euro and Singapore dollar
American traders wary of upcoming inflation reports, concerned it may sway US Fed's decision next week, says analyst
Weak American labour market report strengthens conviction of interest rate cut in next US FOMC meeting, says analyst
DXY continues to fall due to a weak American job market
US NFP report for August strengthens case for interest rate cut when US FOMC reconvenes, says analyst
Economist says soft US nonfarm payrolls data for August should lead to rate cut
Expected rise indicates weakening American labour market, says analyst
Traders, markets note that US' signs of economic weakness are becoming clearer, says analyst
It also strengthens against Asean and other major currencies
BNM likely to maintain OPR at 2.75 per cent as optimism mounts over potential US Federal Reserve rate cut next month
Dollar's value may be boosted if US PCE's inflation is higher than expected, says analyst
Nation's stable monetary policy setting, strong forex trading volumes among contributing factors
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