Monday, August 1, 2016

· Risk appetite remains uncertain over a series of Fed official speaking engagement


Highlights of this week’s FX Weekly Outlook as follow:-

·         Risk appetite remains uncertain over a series of Fed official speaking engagement
·         Euro will be struggling in current trading range
·         JPY’s volatility likely to remain high and maintain possibility of USD/JPY to test 101.36
·         Ringgit to trade on an appreciation bias against US dollar with the range of 4.016 to 4.143 on easing bias of US dollar and decline 1-month volatility

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