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Highlights
of today’s FX Daily Outlook as follow:-
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· US dollar to trade on
an easing bias after Fed left the policy rate unchanged
· 50-day MA of 1.107
remains as key resistance for EUR/USD
· Volatility on USD/JPY
to remain with market now focusing on BoJ’s decision on Friday
· MYR remains on
depreciation bias against US dollar with a trading range of 4.016-4.143
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Thursday, July 28, 2016
· US dollar to trade on an easing bias after Fed left the policy rate unchanged
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