Ringgit Could Strengthen To 4.30 On Fed Rate Cut Next Week
The ringgit traded on the weaker side within a 4.34-4.38 range this week, coming close to breaching the 4.40/USD threshold intraday on October 30, following a spike in the 10-year US Treasury yield above 4.30%. This rise was driven by solid US macro data and increased market bets on a Trump win. Nevertheless, Kenanga said […]