# Ringgit opens lower against greenback ahead of FOM... | Malaysian ringgit | NDA News CA

> The ringgit slipped against the US dollar at Tuesday's opening, falling to 4.2290/2330 ahead of the final FOMC meeting of the year. A UK Omicron-related death and a Bank of Canada policy review added to demand for the greenback.

- Date: 2021-12-14 · published 2021-12-14T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/43874-ringgit-opens-lower-against-greenback-ahead-of-fom-malaysian-ringgit-nda-news-ca
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar on Fed tightening expectations can pressure dollar-priced commodities, but this routine currency update does not add a new feed supply factor.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bullish ▲

## Sources

- ca.nda.news: https://ca.nda.news/malaysian-ringgit-st_216448/news/ringgit-opens-lower-against-greenback-ahead-of-fomc-meeting-sn_2959986/

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