PETALING JAYA: Sentiment on the ringgit is likely to be cautious in the near term, as investors weigh the risks of more tariffs from the United States under the “Fair and Reciprocal Plan” to be announced on April 2 and the impact on the capital markets these additional tariffs could have.
All indicators point to volatility ahead for the ringgit, with a technical analyst saying that the currency’s consolidating trend since mid-December last year looks to be ending.
