# US Job Reports And Fed Minutes To Influence Ringgit Movement

> Analysts previewed the ringgit's outlook for the coming week, which had traded in a narrow 4.420 to 4.425 range from Monday to Thursday. They said the direction would depend on upcoming US jobs reports, the December FOMC minutes and China's manufacturing PMI. Kenanga expects the pair to hover near its 5-day EMA of 4.423.

- Date: 2022-12-30 · published 2022-12-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/38499-us-job-reports-and-fed-minutes-to-influence-ringgit-movement
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

This is a forward-looking currency preview with no new cause for price moves. The outcome could still influence the ringgit cost of dollar-priced feed imports.

## Read by commodity

- USDMYR: neutral

## Sources

- businesstoday.com.my: https://www.businesstoday.com.my/2022/12/30/us-job-reports-and-fed-minutes-to-influence-ringgit-movement/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.