Dollar seen trading 4.03–4.06 ringgit next week, economists say
Kenanga economists say the dollar is likely to trade between 4.03 ringgit and 4.06 ringgit next week as investors remain cautious ahead of U.S. inflation data. An in-line CPI reading could prompt a retest of 4.030.
The dollar will likely trade between 4.03 ringgit and 4.06 ringgit next week, with investors likely to remain cautious ahead of U.S. inflation data, Kenanga economists say in a note.
An in-line CPI reading would open a retest of 4.030, while evidence of broadening services inflation could push the…