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Highlights
of today’s FX Daily Outlook as follow:-
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· Expect US dollar to
remain bullish on the divergence between US and other major economies
· EUR/USD to remain
bearish with 1.0911 act as strong support
· Monetary policy
divergence between Fed and BoJ continues to weigh on USD/JPY with 108.30
serve as the immediate resistance
· MYR to trade on a
depreciation bias within the range of 3.934-4.055 as risk premium rise
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Thursday, July 21, 2016
Expect US dollar to remain bullish on the divergence between US and other major economies
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