热门标签

Ringgit ends lower as US dollar index snaps downtrend

时间:4周前   阅读:4   评论:2

皇冠网址www.hg108.vip)是一个开放皇冠正网即时比分、皇冠网址的平台。皇冠网址(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

KUALA LUMPUR: The ringgit ended lower against the US dollar today as the US Dollar Index (DXY) paused its three-day downtrend around the monthly low.

The DXY, which was holding lower grounds near 105.80 during Asian trading session Monday, pared recent losses amid cautious sentiment ahead of the key US employment data due out this week, said an analyst.

At 6 pm, the local currency eased to 4.4529/4540 versus the greenback from last Friday’s close of 4.4495/4520.

Independent economist Dr Mohd Afzanizam Abdul Rashid said the dollar-ringgit pair continued to remain in a tight range despite the DXY coming off lower as the US Federal Reserve is anticipated to be less hawkish in its monetary stance.

"The two consecutive quarters of Gross Domestic Product (GDP) contraction suggests that the US economy is expected to experience a slowdown in the second half of the year.

"This might lead to slower inflation rate as strong demand might be curtailed by higher borrowing costs. I expect similar dynamics would prevail in the near term,” he told Bernama.

,

usdt官网www.trc20.vip)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。

,

Meanwhile, SPI Asset Management managing partner Stephen Innes said there has been a slightly odd price reaction to the misses in the China Caixin purchasing managers' index (PMI) for the manufacturing sector, which came in at 49 in July, down from 50.2 in June, and South Korea's exports data.

"These had led to weakness in Asia currencies, although the equity markets are primarily in the green. The weaker China data is weighing on China emerging currencies proxies such as the ringgit,” he shared.

At the close, the ringgit was also traded lower against a basket of major currencies.

The local currency fell against the Singapore dollar to 3.2345/2364 from last Friday’s close of 3.2243/2266 and depreciated versus the Japanese yen to 3.3735/3753 from 3.3347/3368.

It slipped against the euro to 4.5695/5716 from 4.5385/5410 on Friday and declined versus the British pound to 5.4524/4548 from 5.4048/4078 previously. - Bernam


转载说明:本文转载自Sunbet。

上一篇:hg0088皇冠正网投注 -- (www.hg108.vip)

下一篇:皇冠平台出租:Sarawak expects more than RM100 billion capital injection in 8 years, says Abang Jo

网友评论

  • 2022-08-23 01:08:45

    TOKYO: Japan's Sony Group Corp on Friday posted a 9.6% rise in first-quarter operating profit, beating analyst estimates.看过的比较好的文了。

    • 2022-10-21 00:13:09

      @三分情,七分泪〆 “The wife of the younger sibling had tried to break off the fight but her thumb got slashed in the process. We are still investigating the reasons behind the fight.心情好好啊,赞