Tuesday, August 2, 2016

· Expect tight trading volume as most of the world hits summer holiday


Highlights of today’s FX Daily Outlook as follow:-

·         Expect tight trading volume as most of the world hits summer holiday 
·         EUR/USD sees initial support at 50-day moving average of 1.115
·         Volatile USD/JPY with a trading range of 101-105
·         Maintain trading range of 4.016 to 4.143 for USD/MYR over the depreciation bias of US dollar and declining volatility

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