澳5:Ringgit falls as investors await Fed's direction

澳5www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

KUALA LUMPUR: The ringgit ended weaker on Tuesday against the US dollar as investors flock to safe haven assets amid the prevailing interest rate concerns ahead of the release of the Federal Reserve minutes tomorrow.

At 6 pm, the local currency weakened to 4.4660/4680 versus the greenback from Monday’s close of 4.4570/4595.

The markets have mixed views on the Fed’s pace of rate hikes over the next few months.

"While some analysts are projecting a sharp interest rate hike, others believe that easing inflation in July has reduced expectations for another big rate hike,” a trader said.

Market players are also awaiting the upcoming release of the US building permits data, an indicator of the health of the US real estate sector, after China’s surprise interest rate cut added to concerns about slowing growth in the global economy amid its weaker industrial production and retail sales numbers as well as deepening property crisis.

,

皇冠登1登2登3www.99cx.vip)实时更新发布最新最快最有效的登1登2登3代理网址,包括新2登1登2登3代理手机网址,新2登1登2登3代理备用网址,皇冠登1登2登3代理最新网址,新2登1登2登3代理足球网址,新2网址大全。

,

The trader said declining oil prices also contributed to the weakness in the domestic currency.

Brent crude eased US$0.80 to US$94.31 per barrel and the West Texas Intermediate crude dropped US$0.40 to US$89.01 per barrel.

Nevertheless, the ringgit was higher against a basket of major currencies.

It marginally rose against the Singapore dollar at 3.2346/2365 from 3.2379/2402 at Monday’s close and appreciated vis-a-vis the Japanese yen at 3.3284/3301 from 3.3393/3415 previously.

The local unit gained versus the British pound to 5.3686/3710 from 5.3796/3826 yesterday and increased against the euro at 4.5258/5279 from 4.5488/5514 at Monday's close. - Bernama


转载说明:本文转载自Sunbet。

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。