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Highlights
of today’s AmBank FX Daily Outlook as follow:-
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· USD failed to sustain
its rebound as market players focused on Yellen’s speech on Friday.
· Ringgit to fluctuate
at the upper range 3.970-4.042 against USD due to slower inflows into local
assets and higher 1-month USD/MYR volatility.
· Key watch:- (i)
Kuroda’s speech (ii) US July new home sales (iii) US, Eurozone, Japan flash
manufacturing PMI reading for August
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Tuesday, August 23, 2016
· USD failed to sustain its rebound as market players focused on Yellen’s speech on Friday.
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