KUALA LUMPUR: The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
The NFP data for July fell short of expectations to just 73,000 jobs, significantly below the consensus estimates of 106,000.
