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Highlights
of today’s AmBank FX Daily Outlook as follow:-
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· US dollar weakness
extended in the aftermath of the FOMC minutes.
· Upward momentum in
crude oil prices, improving Malaysia’s risk premium and bond-related inflows
will keep MYR well-supported at 3.970-4.035 against US dollar.
· Key watch:- (i) Bank
Indonesia’s interest rate decision (ii) Taiwan 2Q GDP growth.
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Friday, August 19, 2016
· US dollar weakness extended in the aftermath of the FOMC minutes.
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