[Tree] SBR market trends in US, Asia, and Europe

Version 1.53 (2024-09-24 10:42:42.384000)

updates: Positive momentum in US and Asia; challenges in Europe

Version 1.52 (2024-08-18 02:04:10.959000)

updates: Japanese rubber futures rise on global supply pressures

Version 1.51 (2024-08-06 11:07:55.415000)

updates: Mixed Isoprene Rubber price trends in the USA and Japanese markets

Version 1.5 (2024-07-20 03:12:50.450000)

updates: Updates on the recovery of the Malaysian rubber market due to bad weather conditions

Version 1.49 (2024-07-19 05:04:13.519000)

updates: Ringgit's expected rangebound trading next week

Version 1.48 (2024-07-19 02:16:25.879000)

updates: The ringgit has rebounded ahead of Malaysia's 2Q 2024 GDP estimates

Version 1.47 (2024-07-15 00:57:27.955000)

updates: Ringgit inched lower on mild profit-taking

Version 1.46 (2024-07-14 04:55:37.612000)

updates: Updated information on the projected exchange rate of the Malaysian ringgit against the US dollar next week

Version 1.45 (2024-07-02 01:55:17.175000)

updates: Updated with BMI's prediction of ringgit appreciation in Q4

Version 1.44 (2024-06-26 07:56:21.258000)

updates: Deputy Finance Minister's projection on the ringgit's strength in Q4 2024

Version 1.43 (2024-06-26 06:57:40.897000)

updates: Updated information on the expected strengthening of the ringgit against the US dollar

Version 1.42 (2024-06-26 05:58:22.971000)

updates: Positive outlook for the ringgit in Q4 2024

Version 1.41 (2024-06-25 02:55:28.640000)

updates: Ringgit opened higher against the US dollar due to cautious global economic sentiment

Version 1.4 (2024-06-24 02:55:32.578000)

updates: Includes more details on the ringgit's performance against other currencies

Version 1.39 (2024-06-24 01:53:56.802000)

updates: Ringgit opened lower against the US dollar

Version 1.38 (2024-06-23 06:54:20.816000)

updates: Updates on the expected trend of the Malaysian ringgit against the US dollar

Version 1.37 (2024-06-22 03:54:23.110000)

updates: Incorporated information on the impact of weak US data on the ringgit

Version 1.36 (2024-06-21 11:53:59.981000)

updates: Ringgit extends losses against US dollar

Version 1.35 (2024-06-21 09:54:04.054000)

updates: The story now includes information about the ringgit's stability below 4.71/USD despite signs of weakness in the US economy, as well as factors contributing to the ringgit's weakening against the US dollar.

Version 1.34 (2024-06-20 01:56:42.098000)

updates: Ringgit opens marginally lower against the US dollar

Version 1.33 (2024-06-11 06:56:24.414000)

updates: Kenanga Research predicts ringgit to reach RM4.42 by year-end

Version 1.32 (2024-06-11 05:54:10.433000)

updates: Ringgit's potential to strengthen against the US dollar by year-end

Version 1.31 (2024-06-11 02:55:31.548000)

updates: Ringgit's expected performance against the US dollar and the projection for its stability against the Singapore dollar

Version 1.3 (2024-06-03 01:53:42.828000)

updates: Ringgit expected to remain in tight range against US dollar

Version 1.29 (2024-05-30 01:55:27.926000)

updates: Ringgit opens lower against USD, mostly higher against other major currencies

Version 1.28 (2024-05-29 01:57:32.689000)

updates: Ringgit opens easier against USD, but firmer against major currencies

Version 1.27 (2024-05-28 09:55:16.226000)

updates: Added information about the inflow of funds from investors and the caution about interest rate hike by US Federal Reserve

Version 1.26 (2024-05-27 01:53:49.247000)

updates: Added information about positive economic factors driving the ringgit's improvement

Version 1.25 (2024-05-26 07:54:27.967000)

updates: Ringgit's performance against regional currencies

Version 1.24 (2024-05-18 02:54:25.119000)

updates: Updates on ringgit trading range against US dollar next week

Version 1.23 (2024-05-17 11:55:01.011000)

updates: The ringgit closed lower on profit-taking

Version 1.22 (2024-05-14 02:54:17.887000)

updates: Updated information on the ringgit's performance and US inflation readings

Version 1.21 (2024-05-14 01:55:06.633000)

updates: Ringgit retreats against US dollar ahead of US inflation readings

Version 1.2 (2024-05-13 02:57:10.973000)

updates: The ringgit opened lower against the US dollar due to expectations of a tight US monetary policy. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid stated that the US Federal Reserve (Fed) is expected to maintain its tight monetary policy stance, supporting the dollar. The ringgit declined to 4.7420/7465 against the greenback. Market players will focus on US inflation data with the Producer Price Index and the Consumer Price Index reports coming out on Tuesday and Wednesday. The ringgit is expected to move in a narrow range. The Fed is focused on bringing down inflation towards its two percent target despite signs of emerging economic weaknesses. The ringgit traded mixed against major currencies, appreciating against the Japanese yen and euro, but falling against the British pound. It strengthened against ASEAN currencies, rising against the Singapore dollar, Thai baht, and the Philippines' peso, but marginally lower against the Indonesian rupiah.

Version 1.19 (2024-05-13 02:53:22.828000)

updates: Ringgit weakening due to expectations of tight US monetary policy

Version 1.18 (2024-05-12 08:54:17.826000)

updates: Ringgit projected to remain in a narrow range of 4.73 to 4.74 next week. Malaysia's Q1 2024 GDP growth projected at four percent. Next week's US inflation data could trigger a significant sell-off in the US dollar if it comes in cooler than expected. Stephen Innes believes ringgit will have a stronger bias next week if US inflation data aligns with expectations. Tensions between US and China could impact ringgit's performance. Ringgit depreciated against US dollar to 4.7385/7410. Ringgit traded mostly higher against major currencies. AmBank Economics believes ringgit could reach 4.50 by year-end.

Version 1.17 (2024-05-12 01:52:14.818000)

updates: The article provides an outlook for the Malaysian ringgit against the US dollar for the upcoming week, mentioning the impact of economic data and the potential for a stronger bias if US inflation data aligns with expectations. It also mentions the reaction of the ringgit to recent events and the upside potential for the currency.

Version 1.16 (2024-05-11 21:52:44.974000)

updates: Updated information on economic data and market sentiment

Version 1.15 (2024-05-11 02:52:15.238000)

updates: Traders await economic data, projected GDP growth, US-China tensions

Version 1.14 (2024-05-10 02:57:31.640000)

updates: Ringgit appreciates against the US dollar on renewed demand

Version 1.13 (2024-05-09 01:52:52.033000)

updates: Updated opening of ringgit against US dollar

Version 1.12 (2024-05-08 12:01:09.695000)

updates: Ringgit ends lower against US dollar

Version 1.11 (2024-05-08 01:52:35.488000)

updates: Ringgit opens lower against US dollar

Version 1.1 (2024-05-03 02:53:57.131000)

updates: Ringgit jumps on mixed US economic data and anticipation of rate cut

Version 1.09 (2024-05-03 01:51:46.787000)

updates: Ringgit's performance affected by mixed US economic data and possibility of rate cut

Version 1.08 (2024-05-02 02:56:24.272000)

updates: Updates on the outcome of the FOMC meeting and the impact on the ringgit's exchange rate

Version 1.07 (2024-05-02 01:53:55.135000)

updates: Ringgit opens lower after FED leaves interest rate unchanged

Version 1.06 (2024-04-30 01:53:03.455000)

updates: Ringgit opens lower against US dollar ahead of FOMC meeting

Version 1.05 (2024-04-30 00:53:24.488000)

updates: Ringgit ends flat against US dollar as investors await economic assessment

Version 1.04 (2024-04-29 02:54:06.516000)

updates: Updated information on the ringgit's performance and factors influencing it

Version 1.03 (2024-04-29 01:53:48.044000)

updates: Ringgit opens weaker against US dollar as investors await cues

Version 1.02 (2024-04-28 23:55:41.510000)

updates: Ringgit is expected to trend around 4.77 to US dollar

Version 1.01 (2024-04-28 03:51:25.167000)

updates: Prediction of ringgit trending around 4.77 to US dollar next week

Version 1.0 (2024-04-26 11:55:51.824000)

updates: Ringgit ends firmer against US dollar amid lower-than-expected US GDP data

Version 0.99 (2024-04-26 01:54:07.139000)

updates: Ringgit weakens against US dollar ahead of personal consumption expenditure reading

Version 0.98 (2024-04-25 02:54:37.903000)

updates: Added information about the weakening of the ringgit against the US dollar

Version 0.97 (2024-04-25 02:53:34.308000)

updates: Ringgit softens as US dollar remains elevated

Version 0.96 (2024-04-23 03:22:10.673000)

updates: Updates on ringgit's performance and upcoming macro data releases

Version 0.95 (2024-04-22 12:20:49.485000)

updates: Ringgit gains against US dollar on DXY decline

Version 0.94 (2024-04-22 11:21:01.614000)

updates: Ringgit gains ground against US dollar amid DXY decline

Version 0.93 (2024-04-22 02:19:36.079000)

updates: Ringgit weakened due to rising volatility

Version 0.92 (2024-04-20 02:23:16.290000)

updates: Ringgit likely to trade around 4.78 against US dollar next week

Version 0.91 (2024-04-19 11:25:04.993000)

updates: The ringgit closed higher following the release of positive Q1 GDP data

Version 0.9 (2024-04-19 03:22:36.698000)

updates: Ringgit opens easier against US dollar as Fed turns hawkish

Version 0.89 (2024-04-18 12:26:13.188000)

updates: Updated information on the ringgit's exchange rate and its performance against major currencies

Version 0.88 (2024-04-18 02:21:41.536000)

updates: Ringgit extends gain, opens higher against US dollar

Version 0.87 (2024-04-15 02:20:29.470000)

updates: The article reports the opening exchange rate of the ringgit amid the Middle East conflict.

Version 0.86 (2024-04-11 22:20:08.245000)

updates: Includes new information on the equity market outlook in Malaysia

Version 0.85 (2024-04-05 07:23:37.235000)

updates: Updated information on the ringgit's expected performance and risks

Version 0.84 (2024-04-05 05:19:09.953000)

updates: Standard Chartered Bank's projection for ringgit strengthening against USD

Version 0.83 (2024-03-25 12:23:59.933000)

updates: Bank Negara Malaysia expects ringgit to strengthen in 2024

Version 0.82 (2024-03-20 23:22:02.803000)

updates: Updated information on the projected growth of the Malaysian economy in 2024

Version 0.81 (2024-03-18 01:22:10.212000)

updates: Updated information on the expected trading range for the ringgit

Version 0.8 (2024-03-16 03:20:53.193000)

updates: Updated information on the expected ringgit exchange rate next week

Version 0.79 (2024-03-14 00:21:31.362000)

updates: Updated information on the factors influencing the ringgit's recovery and strengthening, including interest rate cuts, foreign direct investments, and domestic investment climate. Also added information on the recent performance of the ringgit and the positive sentiment in the Asian markets.

Version 0.78 (2024-03-13 08:32:03.670000)

updates: Rakuten predicts ringgit recovery to 4.50-4.55 against US dollar by end-2024

Version 0.77 (2024-03-13 02:22:03.313000)

updates: Includes information about the overbought correction in the ringgit and its stability in the near term

Version 0.76 (2024-03-11 03:18:45.256000)

updates: Updated information on the expected rebound of the Malaysian ringgit in Q2 2024 based on export recovery and overseas funds repatriation

Version 0.75 (2024-03-08 10:23:08.885000)

updates: UOB predicts weak start for ringgit in Q1 2024, rebound in subsequent quarters

Version 0.74 (2024-03-07 09:20:30.226000)

updates: Central bank holds rates, positive sentiment in Asian markets

Version 0.73 (2024-03-05 01:19:41.196000)

updates: Updates on the Malaysian ringgit's weakness and expected rebound

Version 0.72 (2024-03-04 12:21:06.771000)

updates: The Malaysian Rating Corp Bhd (MARC) highlights the need for structural reforms to enhance the country's capabilities in foreign currency accumulation. The ringgit has generally underperformed its regional counterparts against the US dollar, and its continued weakness may lead to extended periods of volatility in the local market. MARC also notes that the Malaysian Government Securities (MGS) market has moved in tandem with the rise in US Treasury yields. The rating agency expects a positive investment outlook in Malaysia in 2024, with a forecasted GDP growth of 4.2% and inflation rising to 3%. Bank Negara Malaysia is likely to hold the overnight policy rate unchanged in its next Monetary Policy Committee meeting on March 7. [35170221]

Version 0.71 (2024-03-02 03:23:48.179000)

updates: Ringgit stabilization prediction for next week

Version 0.7 (2024-02-29 09:19:51.952000)

updates: Ringgit poised for strong rebound by year-end

Version 0.69 (2024-02-29 03:23:44.114000)

updates: Ringgit rebounds against US dollar, maintains narrow range

Version 0.68 (2024-02-29 02:25:37.186000)

updates: Updated opening rate, US dollar index, and performance against other currencies

Version 0.67 (2024-02-28 02:20:08.516000)

updates: Ringgit opens higher against US dollar and major currencies

Version 0.66 (2024-02-23 02:18:14.682000)

updates: Updates on the ringgit's performance against the US dollar

Version 0.65 (2024-02-20 20:22:00.554000)

updates: Ringgit hits new all-time low against US dollar and Singapore dollar

Version 0.64 (2024-02-20 09:18:21.532000)

updates: The ringgit has reached a new all-time low against the Singapore dollar

Version 0.63 (2024-02-19 03:18:45.026000)

updates: Includes information on the ringgit nearing a record low and factors contributing to its decline

Version 0.62 (2024-02-19 02:18:49.248000)

updates: Consumer sentiment index rises, Ringgit weakens against major currencies and ASEAN currencies

Version 0.61 (2024-02-16 12:25:02.668000)

updates: Updated information on the ringgit's performance against the US dollar and its correlation with the equity market

Version 0.6 (2024-02-16 02:17:07.719000)

updates: Ringgit opens higher against US dollar ahead of Q4 GDP announcement

Version 0.59 (2024-02-15 11:22:07.892000)

updates: Ringgit rebounds and closes higher ahead of Q4 GDP announcement

Version 0.58 (2024-02-13 11:28:22.072000)

updates: Ringgit remains stable against US dollar, subdued demand due to high US Dollar Index

Version 0.57 (2024-02-09 13:20:12.998000)

updates: Ringgit strengthens due to Chinese New Year demand

Version 0.56 (2024-02-08 03:17:23.193000)

updates: Ringgit opens lower against the greenback

Version 0.55 (2024-02-07 02:17:59.731000)

updates: Ringgit opens weaker against US dollar, rebound expected amid China's economic boost

Version 0.54 (2024-02-07 00:20:08.006000)

updates: Internal factors contribute to ringgit's decline

Version 0.53 (2024-02-06 13:18:05.112000)

updates: Ringgit slipped further against the US dollar due to interest rate concerns

Version 0.52 (2024-02-06 03:13:46.227000)

updates: Ringgit opened lower against the US dollar

Version 0.51 (2024-02-05 12:16:37.408000)

updates: MIDF Research expects ringgit to appreciate by year end

Version 0.5 (2024-02-05 04:13:02.736000)

updates: Ringgit experiences significant slide due to US optimism

Version 0.49 (2024-02-02 04:28:47.654000)

updates: Ringgit opens higher against US dollar amidst Fed's decision

Version 0.48 (2024-01-31 11:30:35.346000)

updates: Ringgit slips against US dollar

Version 0.47 (2024-01-31 11:30:18.131000)

updates: Additional information on the ringgit's performance against major currencies

Version 0.46 (2024-01-31 11:27:45.103000)

updates: Ringgit slips against US dollar, market consensus on Fed Fund Rate

Version 0.45 (2024-01-31 02:28:24.392000)

updates: Inclusion of information about the ringgit's opening performance against the US dollar in anticipation of the FOMC decision

Version 0.44 (2024-01-30 02:27:19.425000)

updates: The ringgit is strengthening as markets prepare for the FOMC meeting

Version 0.43 (2024-01-26 11:56:23.174000)

updates: Ringgit strengthens against US dollar, positive sentiment and domestic factors support its performance

Version 0.42 (2024-01-26 03:05:31.102000)

updates: Ringgit's decline against the US dollar, impact of US economy's performance, ringgit's performance against major currencies

Version 0.41 (2024-01-23 15:06:52.187000)

updates: Inclusion of information about the ringgit's decline against the Singapore dollar, raising concerns about the country's financial stability

Version 0.4 (2024-01-22 12:58:29.709000)

updates: Ringgit falls to lowest point in 26 years against US dollar

Version 0.39 (2024-01-22 11:55:21.171000)

updates: Ringgit hits 25-year low against US dollar

Version 0.38 (2024-01-21 08:42:49.124000)

updates: Incorporated additional information from The Star Online

Version 0.37 (2024-01-20 02:43:24.768000)

updates: Ringgit expected to trade at 4.70 level next week

Version 0.36 (2024-01-19 08:43:22.478000)

updates: Ringgit expected to strengthen to 4.6 to the dollar in 1Q24

Version 0.35 (2024-01-04 10:26:18.135000)

updates: Ringgit expected to outperform other currencies in 2024

Version 0.34 (2023-12-29 05:01:07.942000)

updates: Ringgit expected to gain momentum against US dollar in 2024

Version 0.33 (2023-12-27 05:00:39.284000)

updates: Updates on ringgit performance and outlook

Version 0.32 (2023-12-27 04:01:12.126000)

updates: Updates on the ringgit's performance in 2023

Version 0.31 (2023-12-24 04:59:47.154000)

updates: Ringgit expected to trade higher next week

Version 0.3 (2023-12-23 05:02:40.670000)

updates: Ringgit expected to trade slightly higher next week

Version 0.29 (2023-12-22 12:05:42.738000)

updates: Ringgit strengthens to RM4.62 against US dollar

Version 0.28 (2023-12-20 02:00:52.440000)

updates: Ringgit strengthens against US dollar at opening

Version 0.27 (2023-12-19 08:01:11.015000)

updates: Ringgit opens marginally lower on cautious sentiment

Version 0.26 (2023-12-18 02:04:19.764000)

updates: The ringgit opened higher against the US dollar on positive sentiment

Version 0.25 (2023-12-16 03:33:21.797000)

updates: Added information about China's stimulus and US Federal Reserve's policy pivot

Version 0.24 (2023-12-10 03:51:27.274000)

updates: Ringgit's expected performance against the US dollar

Version 0.23 (2023-12-08 02:58:08.628000)

updates: Ringgit strengthens against the US dollar

Version 0.22 (2023-12-06 03:18:55.184000)

updates: Ringgit opens lower in early trade, reflecting cautious market sentiment

Version 0.21 (2023-12-05 03:41:58.844000)

updates: Ringgit opens slightly lower against US dollar amid positive economic data

Version 0.2 (2023-12-04 02:53:02.461000)

updates: Ringgit is predicted to strengthen against the US dollar in 2024

Version 0.19 (2023-11-30 02:39:00.820000)

updates: Updates on the ringgit's depreciation against the US dollar

Version 0.18 (2023-11-17 07:03:48.167000)

updates: Bank Negara Malaysia governor's comments on ringgit depreciation

Version 0.17 (2023-11-16 02:46:09.361000)

updates: Updated information on ringgit depreciation and global economic factors

Version 0.16 (2023-11-14 13:14:29.336000)

updates: Malaysians cutting back on travel plans and facing higher costs for items such as food

Version 0.15 (2023-11-13 01:25:10.717000)

updates: Restructured and enhanced the narrative for improved clarity and impact

Version 0.14 (2023-11-12 12:24:22.899000)

updates: Restructured and condensed the narrative

Version 0.13 (2023-11-11 03:34:00.316000)

updates: Improved clarity and organization of information

Version 0.12 (2023-11-11 03:27:47.358000)

updates: The narrative focuses on the ringgit's cautious trading and the upcoming economic data

Version 0.11 (2023-11-07 13:32:43.194000)

updates: Restructured and condensed the information for clarity and impact

Version 0.1 (2023-11-01 00:28:50.514000)

updates: Incorporated information about external factors causing weak ringgit

Version 0.09 (2023-10-31 13:32:42.995000)

updates: Restructured and streamlined information to enhance readability

Version 0.08 (2023-10-31 12:31:41.143000)

updates: Added information about weak Chinese data and anticipation of Fed meeting

Version 0.07 (2023-10-31 10:29:52.583000)

updates: Incorporated information about global financial conditions tightening due to expectations of higher US interest rates

Version 0.06 (2023-10-30 00:38:00.861000)

updates: Restructured and streamlined information for enhanced readability

Version 0.05 (2023-10-28 04:02:01.201000)

updates: Revised outlook for the ringgit based on central bank decisions

Version 0.04 (2023-10-27 12:03:15.094000)

updates: The new narrative provides a broader context and analysis of the situation, including the challenges faced by the central bank and the potential implications for Malaysia's economy.

Version 0.03 (2023-10-20 12:31:29.208000)

updates: Rephrased and expanded on the information provided

Version 0.02 (2023-10-19 13:35:31.555000)

updates: Revised title and narrative to focus on RHB Research's forecast for the ringgit in 2024

Version 0.01 (2023-10-19 12:34:52.364000)

updates: Revised title and added context

Version 0.0 (2023-10-18 04:45:21.211000)

updates: