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Highlights
of today’s AmBank FX Daily Outlook as follow:-
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· Oil prices rebounded
to US$49.9/barrel. GBP just shy of 1.32 despite net short exposure reached
another record high.
· Ringgit to fluctuate
in tighter range of 4.00-4.03 against USD due to slower inflows into local
assets.
· Key watch:- (i) US
MBA application (ii) JP Cabinet economic report (iii) MY CPI for July and
(iv) US DoE oil inventories.
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Wednesday, August 24, 2016
Oil prices rebounded to US$49.9/barrel. GBP just shy of 1.32 despite net short exposure reached another record high.
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