KUALA LUMPUR: The ringgit fell against the US dollar this morning as the greenback continued to be buoyed by bullish sentiments. At 9.15 am, the local...
: The ringgit fell against the US dollar this morning as the greenback continued to be buoyed by bullish sentiments.
ActivTrades trader Dyogenes Rodrigues Diniz said the market continues to believe that a rise in interest rates is on the cards for the United States Federal Reserve. “Although lower-than-expected readings tend to be negative for the US dollar, since the difference was small, the market maintained its bullish direction from the previous days,” he said in a note today.
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