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The ringgit bond market was muted in the week to July 28, with the ringgit closing at 4.2800 per dollar. The Fed held rates at its July FOMC meeting and signalled it would begin shrinking its balance sheet relatively soon.
A mildly dovish Fed weakened the dollar, which supports emerging-market currencies such as the ringgit. The report is routine bond-market commentary and does not change feed supply or demand.
theborneopost.comsuperuserJul 29, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
