Tuesday, October 18, 2016

CNY hit a fresh 6-year low of 6.738 against US dollar.


Highlights of today’s AmBank FX Daily Outlook as follow:-

v  CNY hit a fresh 6-year low of 6.738 against US dollar.
v  MYR to fluctuate in the range of 4.190-4.220 against US dollar. 
v   Key watch:- (i) US inflation, (ii) UK inflation, (iii) China banking data and (iii) Oil & Money Conference in London.

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