USD/MYR May Remain Range-Bound Next Week Amid U.S. Economic Uncertainty -- Market Talk

Dow Jones

2024/08/16

0434 GMT - USD/MYR may remain range-bound next week amid U.S. economic uncertainty, say Kenanga IB economists. Attention will turn to key Fed speeches for dovish hints ahead of the Jackson Hole event next week, they say. Given the uncertainty about the extent of the Fed's rate cut, ringgit may see some volatility but is likely to stay within the 4.43-4.46 range against the dollar, with potential for gains if domestic economic conditions improve further, they reckon. Kenanga pegs short-term USD/MYR resistance at 4.456 and support at 4.422. It projects the pair at 4.553 by end-3Q and at 4.416 in 4Q. USD/MYR is 0.1% higher at 4.4395. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

August 16, 2024 00:34 ET (04:34 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2459259600"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2459259600\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2459259600?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-16 12:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2459259600","market":"other","top_or_hot":-1,"title":"USD/MYR May Remain Range-Bound Next Week Amid U.S. Economic Uncertainty -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0434 GMT - USD/MYR may remain range-bound next week amid U.S. economic uncertainty, say Kenanga IB economists. Attention will turn to key Fed speeches for dovish hints ahead of the Jackson Hole event next week, they say. Given the uncertainty about the extent of the Fed's rate cut, ringgit may see some volatility but is likely to stay within the 4.43-4.46 range against the dollar, with potential for gains if domestic economic conditions improve further, they reckon. Kenanga pegs short-term USD/MYR resistance at 4.456 and support at 4.422. It projects the pair at 4.553 by end-3Q and at 4.416 in 4Q. USD/MYR is 0.1% higher at 4.4395. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 16, 2024 00:34 ET (04:34 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>USD/MYR May Remain Range-Bound Next Week Amid U.S. Economic Uncertainty -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUSD/MYR May Remain Range-Bound Next Week Amid U.S. Economic Uncertainty -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-16 12:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0434 GMT - USD/MYR may remain range-bound next week amid U.S. economic uncertainty, say Kenanga IB economists. Attention will turn to key Fed speeches for dovish hints ahead of the Jackson Hole event next week, they say. Given the uncertainty about the extent of the Fed's rate cut, ringgit may see some volatility but is likely to stay within the 4.43-4.46 range against the dollar, with potential for gains if domestic economic conditions improve further, they reckon. Kenanga pegs short-term USD/MYR resistance at 4.456 and support at 4.422. It projects the pair at 4.553 by end-3Q and at 4.416 in 4Q. USD/MYR is 0.1% higher at 4.4395. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 16, 2024 00:34 ET (04:34 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USD","symbol_name":"ProShares Ultra Semiconductors","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2459259600","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2459259600","pubTimestamp":1723782840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0434 GMT - USD/MYR may remain range-bound next week amid U.S. economic uncertainty, say Kenanga IB economists. Attention will turn to key Fed speeches for dovish hints ahead of the Jackson Hole event next week, they say. Given the uncertainty about the extent of the Fed's rate cut, ringgit may see some volatility but is likely to stay within the 4.43-4.46 range against the dollar, with potential for gains if domestic economic conditions improve further, they reckon. Kenanga pegs short-term USD/MYR resistance at 4.456 and support at 4.422. It projects the pair at 4.553 by end-3Q and at 4.416 in 4Q. USD/MYR is 0.1% higher at 4.4395. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"USD":"ProShares Ultra Semiconductors"},"translate_title":"由于美国经济不确定性，美元/马币下周可能保持区间波动——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US10Y.BOND":0.76,"USDMYR.FOREX":1,"US912797GK78.BOND":0.6,"US912797HE00.BOND":0.6,"USD":1,"US6M.BOND":0.76,"US7Y.BOND":0.76,"US3Y.BOND":0.76,"US912797GW17.BOND":0.6,"US912797GL51.BOND":0.6,"US2Y.BOND":0.76,"US12M.BOND":0.76,"US30Y.BOND":0.76,"US5Y.BOND":0.76},"content_text":"0434 GMT - USD/MYR may remain range-bound next week amid U.S. economic uncertainty, say Kenanga IB economists. Attention will turn to key Fed speeches for dovish hints ahead of the Jackson Hole event next week, they say. Given the uncertainty about the extent of the Fed's rate cut, ringgit may see some volatility but is likely to stay within the 4.43-4.46 range against the dollar, with potential for gains if domestic economic conditions improve further, they reckon. Kenanga pegs short-term USD/MYR resistance at 4.456 and support at 4.422. It projects the pair at 4.553 by end-3Q and at 4.416 in 4Q. USD/MYR is 0.1% higher at 4.4395. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 16, 2024 00:34 ET (04:34 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}