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Ringgit expected to trend higher; positive effects of China's domestic stimulus, US Fed policy stance

BERNAMA – The ringgit is expected to trend higher this week following the positive effects of China’s latest domestic stimulus and a pivot in the United States (US) Federal Reserve’s (Fed) policy stance, said SPI Asset Management managing partner Stephen Innes. He said the ringgit should rally more on the ‘Great Monetary Pivot of 2024’, […]
United States Stephen Innes Mohd Afzanizam Abdul Rashid Us Federal Open Market Committee Bank Muamalat Malaysia Federal Reserve

Ringgit is expected to trend higher this week; positive effects of China's domestic stimulus and US Fed policy stance

The ringgit is expected to trend higher this week following the positive effects of China’s latest domestic stimulus and a pivot in the US Federal Reserve’s (Fed) policy stance, said SPI Asset Management managing partner Stephen Innes.
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Stephen Innes Bank Muamalat Malaysia Us Federal Open Market Committee

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