Tuesday, November 22, 2016

v Profit taking on US dollar after 10 straight days of gains.


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

v  Profit taking on US dollar after 10 straight days of gains.
v  MYR to fluctuate in the range of 4.380-4.420 against US dollar. 
v  Key watch: (i) US existing home sales, (ii) Eurozone consumer confidence and (iii) Malaysia FX reserves.

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