# Ringgit dijangka tidak berubah

> Analysts expect the ringgit to trade flat against the dollar next week, citing stronger US growth in the second quarter and expected gradual Federal Reserve rate hikes. US GDP grew 4.1 per cent, the fastest pace since 2014, and FXTM's Jameel Ahmad expects the currency to stay below 4.05.

- Date: 2018-07-29 · published 2018-07-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/64299-ringgit-dijangka-tidak-berubah
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Strong US growth and expected Fed tightening support the dollar against the ringgit, which keeps imported feed costs elevated for Malaysian buyers.

## Read by commodity

- DXY: bullish ▲
- USDMYR: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-24 | [Ringgit terus melemah berbanding dolar AS \| DagangNews - Berita Bisnes Anda](https://feedsoft.ai/events/48390-ringgit-terus-melemah-berbanding-dolar-as-dagangnews-berita-bisnes-anda.md) | +0.8% | -0.9% |
| DXY | 2025-01-31 | [Rupiah melemah karena suku bunga untuk sementara tidak dipangkas - ANTARA News](https://feedsoft.ai/events/26817-rupiah-melemah-karena-suku-bunga-untuk-sementara-tidak-dipangkas-antara-news.md) | +0.1% | +0.1% |
| DXY | 2024-01-26 | [Ringgit Dips On Increasing Demand For U.S. Dollar](https://feedsoft.ai/events/32375-ringgit-dips-on-increasing-demand-for-u-s-dollar.md) | -0.4% | +0.2% |
| DXY | 2022-06-16 | [Fed's rate hike decision further bolsters ringgit](https://feedsoft.ai/events/41233-fed-s-rate-hike-decision-further-bolsters-ringgit.md) | -0.7% | +1.5% |
| DXY | 2018-11-13 | [Ringgit ends lower against US dollar \| FMT](https://feedsoft.ai/events/62311-ringgit-ends-lower-against-us-dollar-fmt.md) | -0.4% | -0.2% |

## Sources

- malaysiagazette.com: https://malaysiagazette.com/2018/07/29/ringgit-dijangka-tidak-berubah/

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