Highlights
of today’s FX Daily Outlook as follow:-
|
· Foresee FX markets
will be in a range-bound driven by biasness on high yielding currencies due
to continued outflows from the UK and Eurozone
· Envisage EUR/USD to
trade within the 200-day MA of 1.109 & 100-day MA of 1.127 based on the
market liquidity condition despite a sharp drop in Eurozone Sentix.
· USD/JPY will likely
trade around 100-103 with 100 as key pivot point.
· Expect USD/MYR to be
in a range-bound of 3.980 to 4.100 underpinned by liquidity in conjunction
with Hari Raya Aidil Fitri holidays.
|
Tuesday, July 5, 2016
Foresee FX markets will be in a range-bound driven by biasness on high yielding currencies due to continued outflows from the UK and Eurozone
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