{"id":2033,"date":"2025-12-01T05:05:47","date_gmt":"2025-12-01T05:05:47","guid":{"rendered":"https:\/\/asianforexhub.com\/?p=2033"},"modified":"2025-12-01T05:05:48","modified_gmt":"2025-12-01T05:05:48","slug":"ringgit-holds-firm-against-usd-ahead-of-fomc-meeting","status":"publish","type":"post","link":"https:\/\/asianforexhub.com\/vi\/ringgit-holds-firm-against-usd-ahead-of-fomc-meeting\/","title":{"rendered":"Ringgit Holds Firm Against USD Ahead of FOMC Meeting"},"content":{"rendered":"<p>The Malaysian ringgit opened slightly stronger against the US dollar on Monday as currency traders adopted a cautious tone ahead of next week\u2019s Federal Open Market Committee (FOMC) meeting.<\/p>\n\n\n\n<p>At 10:00 a.m. in Kuala Lumpur, the ringgit traded at 4.1260, strengthening 0.10% from the Asian session open.<\/p>\n\n\n\n<p>Bank Muamalat Malaysia\u2019s Chief Economist, Dr. Mohd Afzanizam Abdul Rashid, said recent weakness in US economic indicators \u2014 including declining consumer confidence and a softening labour market \u2014 has increased expectations of a potential Federal Funds Rate cut.<\/p>\n\n\n\n<p>He added that the ringgit is expected to trade within the 4.12 to 4.14 range today, reflecting a broader risk-cautious market environment.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color has-link-color wp-elements-da5aeb31519f60cfa738e230108aa549\"><a href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" data-type=\"link\" data-id=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\"><strong>Track real-time USD\/MYR movements and market sentiment with our FX volatility dashboard.<\/strong><\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Meanwhile, crude oil prices slipped slightly after OPEC+ decided to maintain its existing output quotas. Brent crude hovered around $62.38 per barrel.<\/p>\n\n\n\n<p>Early in the session, the ringgit traded lower against several major currencies. It weakened against the British pound to 5.4677\/4743 from 5.4528\/4594, dropped against the euro to 4.7912\/7970 from 4.7768\/7825, and slipped versus the Japanese yen to 2.6490\/6523.<\/p>\n\n\n\n<p>Against ASEAN currencies, the ringgit showed mixed performance. It fell against the Singapore dollar to 3.1872\/1916 and declined versus the Thai baht to 12.8632\/8892. However, it remained unchanged against the Indonesian rupiah at 247.6\/248.0 and held steady against the Philippine peso at 7.047\/06.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-87335100 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-1024x127.png ,https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-scaled.png 780w, https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-scaled.png 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728x90-1024x127.png\" alt=\"728x90\" class=\"uag-image-968\" width=\"1024\" height=\"127\" title=\"728x90\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>AsianForexHub Quick View<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ringgit strengthens 0.10% to 4.1260 against USD<\/li>\n\n\n\n<li>Traders cautious ahead of next week\u2019s FOMC meeting<\/li>\n\n\n\n<li>Weak US data boosts expectations of a Fed rate cut<\/li>\n\n\n\n<li>Mixed performance against major and ASEAN currencies<\/li>\n\n\n\n<li>Brent crude at $62.38 after OPEC+ maintains output quotas<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color has-link-color wp-elements-bce805aba1ab7a03d2cb2dfb06b1ae86\"><a href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" data-type=\"link\" data-id=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\"><strong>Monitor MYR performance across global currencies with our emerging-market FX tracker.<\/strong><\/a><\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The ringgit holds firm against the US dollar as markets adopt a cautious stance ahead of next week\u2019s FOMC meeting and US economic uncertainty.<\/p>","protected":false},"author":1,"featured_media":2034,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[20,16,7],"tags":[],"class_list":["post-2033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex","category-market-news","category-news-analysis"],"uagb_featured_image_src":{"full":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting.jpeg",768,512,false],"thumbnail":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting-150x150.jpeg",150,150,true],"medium":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting-300x200.jpeg",300,200,true],"medium_large":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting.jpeg",768,512,false],"large":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting.jpeg",768,512,false],"1536x1536":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting.jpeg",768,512,false],"2048x2048":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting.jpeg",768,512,false],"trp-custom-language-flag":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/Ringgit-Holds-Firm-Against-USD-Ahead-of-FOMC-Meeting.jpeg",18,12,false]},"uagb_author_info":{"display_name":"Asian Forex Hub Newsdesk","author_link":"https:\/\/asianforexhub.com\/vi\/author\/boyidzhamgmail-com\/"},"uagb_comment_info":0,"uagb_excerpt":"The ringgit holds firm against the US dollar as markets adopt a cautious stance ahead of next week\u2019s FOMC meeting and US economic uncertainty.","_links":{"self":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts\/2033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/comments?post=2033"}],"version-history":[{"count":1,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts\/2033\/revisions"}],"predecessor-version":[{"id":2035,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/posts\/2033\/revisions\/2035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/media\/2034"}],"wp:attachment":[{"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/media?parent=2033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/categories?post=2033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asianforexhub.com\/vi\/wp-json\/wp\/v2\/tags?post=2033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}