KUALA LUMPUR: The ringgit remained lower against the US dollar in early trade today as investors remained cautious about global market developments, an analyst said. 

At 8.02 am, the ringgit eased to 4.4650/4750 against the US dollar compared with Tuesday's close of 4.4675/4720.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Job Opening and Labour Turnover Survey was lower than expected at 7.744 million in October against consensus estimates of 7.51 million, suggesting the labour market is softening.