皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

皇冠管理端(www.99cx.vip):Ringgit ends lower as US dollar index snaps downtrend

admin2022-08-056

allbet欧博真人客户端www.aLLbet8.vip}是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

KUALA LUMPUR: The ringgit ended lower against the US dollar today as the US Dollar Index (DXY) paused its three-day downtrend around the monthly low.

The DXY, which was holding lower grounds near 105.80 during Asian trading session Monday, pared recent losses amid cautious sentiment ahead of the key US employment data due out this week, said an *** yst.

At 6 pm, the local currency eased to 4.4529/4540 versus the greenback from last Friday’s close of 4.4495/4520.

Independent economist Dr Mohd Afzanizam Abdul Rashid said the dollar-ringgit pair continued to remain in a tight range despite the DXY coming off lower as the US Federal Reserve is anticipated to be less hawkish in its monetary stance.

"The two consecutive quarters of Gross Domestic Product (GDP) contraction suggests that the US economy is expected to experience a slowdown in the second half of the year.

"This might lead to slower inflation rate as strong demand might be curtailed by higher borrowing costs. I expect similar dynamics would prevail in the near term,” he told Bernama.

,

皇冠管理端www.99cx.vip)实时更新发布最新最快最有效的皇冠管理端网址,包括皇冠管理端手机网址,皇冠管理端备用网址,皇冠管理端最新网址,皇冠管理端足球网址,皇冠管理端网址大全。

,

Meanwhile, SPI Asset Management managing partner Stephen Innes said there has been a slightly odd price reaction to the misses in the China Caixin purchasing managers' index (PMI) for the manufacturing sector, which came in at 49 in July, down from 50.2 in June, and South Korea's exports data.

"These had led to weakness in Asia currencies, although the equity markets are primarily in the green. The weaker China data is weighing on China emerging currencies proxies such as the ringgit,” he shared.

At the close, the ringgit was also traded lower against a basket of major currencies.

The local currency fell against the Singapore dollar to 3.2345/2364 from last Friday’s close of 3.2243/2266 and depreciated versus the Japanese yen to 3.3735/3753 from 3.3347/3368.

It slipped against the euro to 4.5695/5716 from 4.5385/5410 on Friday and declined versus the British pound to 5.4524/4548 from 5.4048/4078 previously. - Bernam


转载说明:本文转载自Sunbet。

网友评论