皇冠开户平台:Ringgit likely to decline further against US$

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SPI Asset Management managing partner Stephen Innes said the ringgit may also struggle to hold onto gains due to various negative risk events, namely the concern about the increase in Covid-19 cases in China.

KUALA LUMPUR: The ringgit is likely to continue its decline against the US dollar this week due to higher inflation, says an *** yst.

SPI Asset Management managing partner Stephen Innes said the ringgit may also struggle to hold onto gains due to various negative risk events, namely the concern about the increase in Covid-19 cases in China.

“Given the ringgit’s strong correlation with the Chinese yuan, the ringgit could trend weak as traders headgear for the possible regional stock market outflow that may trigger when United States house speaker Nancy Pelosi visits Taiwan in August,” he told Bernama.

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He said the market also will be heading into another jumbo ahead of the Federal Open Market Committee (FOMC) meeting next week and the US Federal Reserve is expected to raise rates by another 75 basis points on July 27.

“This could keep the ringgit grounded until the FOMC is out of the way.

“My fear is that we could be moving into a short global recession that could hurt Asia exporters. So, the sum of all this negativity has me erring defensively,” he said.

Looking at the volatility, Innes said the ringgit is likely to trade within the RM4.44.75 to RM4.45.75 range this week.


转载说明:本文转载自Sunbet。
Sunbet声明:该文看法仅代表作者自己,与本平台无关。转载请注明:皇冠开户平台:Ringgit likely to decline further against US$

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  • U担保(www.usdt8.vip) 2022-08-12 09:41:25 回复

     不外,“当地警方”陆续收到了一堆民众的投诉,显示《“国定杀”戮日》的观众在当地的确有许多。当地警员局长也回应发 表声明示意致歉[,不外他示意事前并不知道警车所使用的声音是《“国定杀”戮日》中的警报声,也绝对没有任何吓唬当地住民的意图。送你一枝玫瑰花。

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