Monday, August 29, 2016

· Odds for September rate hike increased after Yellen’s speech.


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

·         Odds for September rate hike increased after Yellen’s speech.
·         Expect MYR to hover around 4.02-4.05 against US dollar. 
·         Key watch:- (i) US PCE, (ii) public holiday in UK and PH, (iii) TH manufacturing data and (iv) ID money supply.

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