# Bursa Malaysia Stock Trading Signals | KLSE Stock Trading Tips | Stock Picks | Stock Updates: Changes in the US Federal Reserve’s leadership, #Investors' sentiment towards emerging market.

> The ringgit rebounded against the US dollar on 26 October, opening at 4.2310/2340 from 4.2340/2370 the previous day. Dealers attributed the move to speculation about changes in Federal Reserve leadership and shifting sentiment toward emerging-market currencies. The ringgit also weakened against the yen, sterling and euro.

- Date: 2017-10-26 · published 2017-10-26T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68738-bursa-malaysia-stock-trading-signals-klse-stock-trading-tips-stock-picks-stock
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Daily ringgit moves tied to Fed leadership speculation affect the dollar cost of imported feed inputs. The move is small and routine.

## Read by commodity

- USDMYR: neutral

## Sources

- bursa-malaysia-trading-signals.blogspot.com: https://bursa-malaysia-trading-signals.blogspot.com/2017/10/changes-usa-federal-reserves-investors-sentiment.html

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