# USD/MYR now seen within 4.3670-4.4010 – UOB: Analytics and Market news from 23 травня 2022 10:41

> UOB expects USD/MYR to trade sideways between 4.3670 and 4.4010 in the coming weeks, after the pair rose to 4.4050 before pulling back. The bank says upward momentum has waned and a break below 4.3670 could signal a deeper pullback.

- Date: 2022-05-23 · published 2022-05-23T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/41676-usd-myr-now-seen-within-4-3670-4-4010-uob-analytics-and-market-news-from-23
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A sideways range implies little change in dollar-based costs for Malaysian importers in the near term, so the price impact on feed is limited.

## Read by commodity

- USDMYR: neutral

## Sources

- teletrade.org: https://www.teletrade.org/uk/analytics/market-analysis/market-news/3757876

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