Ringgit likely to trade cautiously next week ahead of key US data


KUALA LUMPUR: The ringgit is expected to trade cautiously next week ahead of key data points in the United States, including the Conference Board Consumer Confidence Index and producer price index (PPI), as well as speeches by several Federal Reserve officials.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said he expects sentiment among currency traders to remain cautious.

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