CCY:USDMYR
USD/MYR Currency Pair News
$4.72
+0.0070 (+0.149%)
At Close: Jun 27, 2024
USD/MYR: Here's why the Malaysian ringgit is in a freefall
10:02pm, Sunday, 14'th Apr 2024
The Malaysian currency is under intense pressure as it nears its all-time low against the US dollar. The USD/MYR pair was trading at 4.77 on Monday morning, a few points below its February high of 4.8
USD/MYR to reach 4.62 by 1Q2024 and 4.47 by year-end – MUFG
02:28am, Wednesday, 10'th Jan 2024
The reason that MYR was the least performing EM Asia currency in 2023 was due to its high correlation with CNY. MYR depreciated about 5.6% against the Dollar.
USD/MYR: Ringgit to appreciate steadily in 2024 and end the year at 4.45 – ANZ
05:19am, Thursday, 28'th Dec 2023
The Ringgit (MYR) was one of the worst-performing currencies in Asia. Economists at ANZ Bank analyze USD/MYR outlook.
USD/MYR: Scope for further losses near term – UOB
09:31am, Monday, 04'th Dec 2023
Extra decline in USD/MYR still appears in store in the short term in the view of Markets Strategist Quek Ser Leang at UOB Group.
USD/MYR: Extra weakness in the pipeline – UOB
09:20am, Monday, 20'th Nov 2023
Markets Strategist Quek Ser Leang at UOB Group suggests USD/MYR risks further losses in the short-term horizon.
USD/MYR now faces some consolidation – UOB
06:54am, Wednesday, 15'th Nov 2023
USD/MYR could trade between 4.6540 and 4.7550 in the next few weeks, according to Markets Strategist Quek Ser Leang at UOB Group.
USD/MYR risks a deeper decline near term – UOB
07:23am, Monday, 06'th Nov 2023
In the opinion of Markets Strategist Quek Ser Leang at UOB, USD/MYR could revisit the 4.6480 region in the near term.
USD/MYR risks further retracements in the near term – UOB
06:58am, Monday, 30'th Oct 2023
Extra selling pressure could force USD/MYR to slip back to the 4.7320 zone in the near term, according to Markets Strategist Quek Ser Leang at UOB Group.
USD/MYR: Ringgit expected to appreciate roughly 4% in 2024 – MUFG
02:24am, Friday, 06'th Oct 2023
The Malaysian Ringgit tracked regional currency losses last month amid the strength of the US Dollar. Economists at MUFG Bank analyze USD/MYR outlook.
USD/MYR: Upward bias improves further – UOB
06:52am, Monday, 02'nd Oct 2023
Further upside appears on the cards for USD/MYR in the near term, notes Markets Strategist Quek Ser Leang UOB Group.
USD/MYR to end the year 4.55 as Ringgit will recover modestly in Q4 – ANZ
02:23am, Monday, 02'nd Oct 2023
The Malaysian Ringgit has been under increasing pressure over the past month. Economists at ANZ Bank analyze USD/MYR outlook.
USD/MYR sticks to the consolidative mood – UOB
06:28am, Tuesday, 26'th Sep 2023
Extra range bound appears on the table for USD/MYR in the near term, according to Markets Strategist Quek Ser Leang at UOB Group.
USD/MYR could revisit the 4.6880 region in the near term – UOB
04:32am, Monday, 18'th Sep 2023
Markets Strategist Quek Ser Leang at UOB Group suggests USD/MYR could extend the upside bias further and retest the 4.6880 zone in the near term.
USD/MYR: Bulls face the next hurdle of note at 4.7000 – UOB
05:43am, Tuesday, 12'th Sep 2023
Extra gains in USD/MYR should meet a tough barrier around 4.7000 according to Markets Strategist Quek Ser Leang at UOB Group.
USD/MYR: No changes to the consolidative mood – UOB
08:19am, Monday, 04'th Sep 2023
Markets Strategist Quek Ser Leang at UOB Group expects USD/MYR to extend the current side-lined trading in the next few sessions.
