CCY:USDMYR

Usd/myr Currency Pair News

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At Close: Jun 03, 2026

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.
The Malaysian Ringgit has been under increasing pressure over the past month. Economists at ANZ Bank analyze USD/MYR outlook.
Extra range bound appears on the table for USD/MYR in the near term, according to Markets Strategist Quek Ser Leang at UOB Group.
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.
Extra gains in USD/MYR should meet a tough barrier around 4.7000 according to Markets Strategist Quek Ser Leang at UOB Group.
Markets Strategist Quek Ser Leang at UOB Group expects USD/MYR to extend the current side-lined trading in the next few sessions.
Markets Strategist Quek Ser Leang at UOB Group suggests further consolidation lies ahead for USD/MYR in the short-term horizon.
Markets Strategist Quek Ser Leang at UOB Group suggests USD/MYR could move into a consolidative phase prior to the resumption of the uptrend.
Extra gains in USD/MYR are expected to meet decent resistance around the 4.5790 region for the time being, notes Markets Strategist Quek Ser Leang at UOB Group.
USD/MYR is seen extending the side-lined trading for the time being, suggests UOB Group's Markets Strategist Quek Ser Leang.
Markets Strategist Quek Ser Leang at UOB Group sees USD/MYR extending the consolidative phase in the near term.
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