· BoJ will reignite yield hunting and FOMC to keep rate steady.

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

·         BoJ will reignite yield hunting and FOMC to keep rate steady. ·         Expect USD/MYR to fluctuate in the range of 4.130-4.160 as selling pressure in local assets likely to ease. ·         Key watch:- (i) Central banks’ meetings – FOMC, BoJ, RBNZ, BI and BSP, (ii) Draghi’s speech in Frankfurt, (iii) US housing market data, (iv) manufacturing PMI data – US, Eurozone, Japan and (v) Malaysia inflation rate.