Ringgit may continue to be under pressure against US dollar next week


KUALA LUMPUR, Feb 27 (Bernama): The ringgit may continue to be pressured downward against the US dollar next week if the US Treasury yields remain elevated or increase further.

OANDA Asia Pacific senior market analyst Jeffrey Halley said investors were shifting their focus to bonds on the rise in yields.

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Ringgit , Weekly , OANDA , Jeffrey Halley , US Treasuries

   

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