Malaysian note buoyed by weaker American indices, including in retail sales
Currency gains expected to persist amid stable trade and fiscal outlook
Continued strength in greenback reflected in US DXY as expectations for interest rate cut wanes, says analyst
This comes amid mixed US Fed signals about greenback's direction
Local note appreciates in line with others including Singaporean dollar, baht, rupiah, says analyst
Its early gains suggest markets are reassessing the timing and scale of potential US rate cuts in 2026
Mild uptick comes after renewed uncertainty in America following unexpected delays in release of key economic data
Investors weigh mixed signals from US Federal Reserve officials and softer labour market data.
Anwar attributes local note's boost to policies like targeted subsidies, among others
USD/MYR expected to trade between RM4.14, RM4.15 as traders, investors await US data points, says analyst
Shifting expectations over December Fed cut, softer US fundamentals could support local currency
Reopening of US fed govt provided contain support for greenback, says analyst
Nation's positive economic growth prospects, govt commitment to reforms, sustainability provide support for local note, says BNM
Local note nearly breaches 13-month high last set in Sept 27, 2024
However, markets expected to remain cautious over US govt reopening
Traders, investors remained constructive on local note as upcoming GDP report hints at expansion, says analyst
Local note at 4.12 level as US dollar slides over weaker economic data
Local note extends upward momentum amid positive investor sentiment over US govt shutdown, says analyst
Local note's appreciation in tandem with broader strength of regional currencies, supported by improving market sentiment
American senators advance amended House-passed bill to fund the government until January 30
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