KUALA LUMPUR: The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.

 Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said a series of key United States (US) data releases next week will provide fresh guidance for market participants.