Wednesday, December 14, 2016

v Bond yield rose to 6-year high as investors prepare for a Fed rate hike.


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

v  Bond yield rose to 6-year high as investors prepare for a Fed rate hike.
v  MYR to fluctuate in the range of 4.410-4.440 against US dollar.
v  Key watch: (i) BoE Governor Mark Carney speaks in London, (ii) US retail sales, (iii) US PPI and, (iv) US Industrial Production.

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