Tag: FX market outlook


  • Ringgit Declines as US Dollar Strength Persists Ahead of Payrolls Release

    Ringgit Declines as US Dollar Strength Persists Ahead of Payrolls Release

    Rising Dollar Pressure Pushes Ringgit Lower The Malaysian ringgit opened the session softer against the US dollar, with traders citing a firmer US Dollar Index (DXY) as the primary driver. Market participants are bracing for tonight’s release of the US non-farm payrolls data, a key indicator that could influence expectations for the Federal Reserve’s near-term…