Ringgit to continue upward momentum versus greenback next week

KUALA LUMPUR, Feb 20 (Bernama): The ringgit is expected to continue its positive momentum against the US dollar next week, driven by bullish outlook on the global economic development, a dealer said.

Axi chief global market strategist Stephen Innes said the rise in US yields will likely pause, which would allow the local currency market to breath a little freer.