Ringgit edges lower after four weeks of gains
KUALA LUMPUR (Jan 22): Ringgit falls as the market consolidates following a four-week rally before a central-bank policy decision on Thursday.
* USD/MYR climbs 0.1% to 3.9410 after earlier dropping to 3.9348, lowest since July 2016
** Support 3.9300, 3.9038, 3.8465; resistance 4.0465, 4.0754, 4.0965
* Ringgit has been supported by higher energy prices and Malaysia’s robust trade surplus, says Masashi Murata, vice president and currency strategist at Brown Brothers Harriman in Tokyo
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