# Ringgit ends higher ahead of US-China phase 1 trade deal | Malay Mail

> The ringgit strengthened to 4.061 against the dollar ahead of the expected signing of the US-China phase one trade deal. Analysts expected the deal to support Asean exporters and sensitive currencies.

- Date: 2020-01-13 · published 2020-01-13T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/55343-ringgit-ends-higher-ahead-of-us-china-phase-1-trade-deal-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Expectations of easing US-China trade tensions boost regional currencies and risk appetite, which can support commodity demand sentiment across Asia.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- beta.malaymail.com: https://beta.malaymail.com/news/money/2020/01/13/ringgit-ends-higher-ahead-of-us-china-phase-1-trade-deal/1827578

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