# Ringgit Expected To Trade Between RM4.04-RM4.06

> Kenanga Investment Bank expects the ringgit to trade between RM4.04 and RM4.06 per US dollar next week as investors assess US inflation, Fed rate expectations and US-Iran diplomacy. The ringgit strengthened to RM4.047 from RM4.058, while lower Treasury yields, oil prices and US dollar positions weighed on the dollar.

- Date: 2026-11-07 · published 2026-11-07T06:10:20.655Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/85544-ringgit-expected-to-trade-between-rm4-04-rm4-06
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A softer US dollar and lower yields can support the ringgit, while inflation data and Fed expectations may shift currency demand. The article describes a narrow expected range rather than a direct feed-cost or commodity-price change.

## Read by commodity

- DXY: bearish ▼
- BRENT: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-04-17 | [Baht expected to strengthen to 21-month high](https://feedsoft.ai/events/71749-baht-expected-to-strengthen-to-21-month-high.md) | +0.2% | +0.2% |
| DXY | 2023-11-15 | [Ringgit Gains Ground As US Dollar Weakens On Lower-Than-Expected CPI Data](https://feedsoft.ai/events/33435-ringgit-gains-ground-as-us-dollar-weakens-on-lower-than-expected-cpi-data.md) | -0.9% | -0.2% |
| DXY | 2025-06-28 | [BernamaBiz - Ringgit To Trade Firmer Against US Dollar Next Week, Ahead Of Us Labour Data](https://feedsoft.ai/events/24466-bernamabiz-ringgit-to-trade-firmer-against-us-dollar-next-week-ahead-of-us.md) | -0.0% | +0.8% |
| DXY | 2020-09-07 | [USD/VND rate expected to remain stable until year-end](https://feedsoft.ai/events/51401-usd-vnd-rate-expected-to-remain-stable-until-year-end.md) | -0.3% | +0.1% |
| DXY | 2023-09-29 | [Ringgit Rises Against U.S. Dollar In Early Trade As Risk Appetite Improves](https://feedsoft.ai/events/34367-ringgit-rises-against-u-s-dollar-in-early-trade-as-risk-appetite-improves.md) | +1.1% | +0.9% |
| BRENT | 2020-05-28 | [Ringgit eases against USD](https://feedsoft.ai/events/53392-ringgit-eases-against-usd.md) | +15.3% | +19.7% |
| BRENT | 2022-11-29 | [Ringgit retreats to open lower against US dollar \| Malay Mail](https://feedsoft.ai/events/38931-ringgit-retreats-to-open-lower-against-us-dollar-malay-mail.md) | -0.4% | +0.0% |
| BRENT | 2020-03-09 | [Ringgit to endure volatility amid lower oil prices, increased virus fears](https://feedsoft.ai/events/54382-ringgit-to-endure-volatility-amid-lower-oil-prices-increased-virus-fears.md) | -27.3% | -36.6% |

## Sources

- businesstoday.com.my: https://www.businesstoday.com.my/2026/11/07/ringgit-expected-to-trade-between-rm4-04-rm4-06/

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