Daily FX Update, 20 August 2015

v  FOMC Minutes strike a cautious tone v  US CPI is marginally lower than market expectations on monthly basis  v  Malaysia's July CPI increases 3.3% y/y, faster than June’s reading   v  Japan's all industry activity rise 0.3% m/m in June, after falling in the previous month    v  China attracts US$ 76.6 billion in FDI in the first seven months of 2015 v  Vietnam devalues the dong by 1% for the third time this year

INDICATIVE MAJOR CURRENCIES Last Close  8.05 am Snapshot        Bid                   Offer Expected Ranges for Today         Low                       High USD/MYR 4.1058 4.0790 4.1140 4.0770 4.1220 JPY/MYR (100) 3.3093 3.2900 3.3250 3.2800 3.3400 SGD/MYR 2.9173 2.9060 2.9410 2.9000 2.9600 EUR/MYR 4.5402 4.5390 4.5760 4.5100 4.6100 AUD/MYR 3.0067 2.9970 3.0320 2.9800 3.0500 GBP/MYR 6.4239 6.4060 6.4460 6.3800 6.5000 USD/JPY 124.07 123.68 124.09 123.28 124.28 EUR/USD 1.1058 1.0970 1.1280 1.1070 1.1180 AUD/USD 0.7323 0.7200 0.7510 0.7310 0.7410