竞彩预测www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。竞彩预测上足球分析专家数据更新最快。竞彩预测开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

KUALA LUMPUR: The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said.

At 9 am, the local currency stood at 4.4190/4225 versus the greenback from Tuesday's close of 4.4190/4220.

US FOMC members will deliberate on their decision at their two-day meeting beginning Tuesday.

Bank Islam chief economist Dr Mohd Afzanizam Abdul Rashid said the markets appear to be expecting a 75-basis-point hike in the Fed Fund Rate in the current FOMC meeting session which will be announced tonight.

However, the value of the US dollar rises as a result with the US Dollar Index (DXY) rising to 105.518 points, he shared.

"Following this, the USD/MYR is expected to remain weak on account of the strong US dollar. The current resistant level is at RM4.45.

"As such, the dollar-ringgit might linger around such level in the immediate term," he told Bernama.

Meanwhile, ActivTrades trader Dyogenes Rodrigues Diniz said the US dollar is expected to continue its upward movement following the release of its Producer Price Index (PPI) data, posting an 0.8 per cent increase last month and a 10.8 per cent annualised rise.

"As the US inflation is at its highest in 40 years, the market is expecting the Fed to raise the interest rates from 1.0 per cent to 1.5 per cent but some analysts are already talking of a rise of 1.75 per cent at the next meeting.

"If the rate goes up in line with expectations at 1.5 per cent, the USD/MYR is likely to fall because the market has already priced this in," he shared.

The ringgit was traded higher against a basket of major currencies.

The local note rose against the British pound to 5.3103/3145 from Tuesday’s close of 5.3496/3533, improved versus the Singapore dollar to 3.1732/1759 from 3.1771/1797, went up vis-a-vis the Japanese yen to 3.2716/2747 from 3.2921/2948, and was slightly higher against the euro at 4.6103/6140 from 4.6108/6139. - Bernama


转载说明:本文转载自Sunbet。 环球UG声明:该文看法仅代表作者自己,与本平台无关。转载请注明:竞彩预测(www.99cx.vip)_Ringgit opens flat against greenback in wait-and-see mode
发布评论

分享到:

皇冠信用盘开户(www.hg108.vip)_不一样的院长夫人 邝霭慧
1 条回复
  1. telegram华人群(www.tel8.vip)
    telegram华人群(www.tel8.vip)
    (2022-07-09 00:09:50) 1#

      “惠民保”可持续发展逻辑示意图致敬作者

发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。