Monday, May 18, 2015

Weekly FX Update, 18 May 2015

v  DXY continues its depreciating bias due to the release of soft US economy data
v  Euro strengthen against USD along with the positive economy growth
v  GBP keep its upward momentum after the general election and the positive data
v  Asian currencies end the week with a positive bias against US dollar
v  RM gains 1.04% against USD, supported by MYR 1-month vol and 1-month MYR NDF rate together with better-than-expected economy data

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