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Highlights
of today’s FX Daily Outlook as follow:-
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· Expect buying of US
dollar ahead of today’s non-farm payrolls (NFP).
· Expect more losses
from EUR with no clear path on the resolution of BREXIT
· JPY to outperform
against other currencies and continue to strengthen despite expectations for
BoJ to expand its policy in the near term.
· USD/MYR to be in
range-bound of 3.980 to 4.100 due to thin liquidity and Friday’s US NFP
numbers.
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Friday, July 8, 2016
· Expect buying of US dollar ahead of today’s non-farm payrolls (NFP).
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