KUALA LUMPUR: The ringgit is likely to trade at current levels next week and is poised to reach the 4.30 level should risk-on sentiment hold and the US dollar continuing to decline.
FXTM market analyst Han Tan said a possible spike in the US-China tensions following President Donald Trump’s announcement on Friday could spur more risk aversion and send the US$/ringgit closer toward the 4.40 mark.
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