Ringgit likely to trade on bullish bias within the 4.39-4.41 range this week

KUALA LUMPUR, April 2 (Bernama): The ringgit is likely to trade on a bullish bias this week, below the RM4.40 level within the 4.3925-4.4175 range against the US dollar, said an analyst.

SPI Asset Management managing partner Stephen Innes said while markets shift through the wreckage of the United States (US) banking stresses, Asian currencies should continue to perform well, especially with US rate markets signalling a US Federal Reserve (Fed) interest rates cut later this year.