Forex News USD/MYR at 3.2400, higher vs 3.2300 previous close, but earlier broke through 3.2400 cap to hit 3.2420 due to ongoing political tension, dealers say. "The negative political sentiment is the main reason for the weaker ringgit. Looking at euro and sterling, ringgit should be strengthening but it's not," says one. Puts next cap at 3.2500, but says pair may peak at 3.2450-3.2460 today then hovers around that level due to weak momentum.
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