The only way is up for the Ringgit

Stephen Innes, Asia-Pacific Market Strategist at AxiTrader tells us that the Chinese economy looks poised for a recovery after registering the lowest growth of 6.1% in 2019 since 1990. He also weighs in on the Ringgit direction after appreciating since the beginning of the year and notes that this trend looks set to continue as the local economy is closely tied to China's recovery.