Thursday, December 1, 2016

v OPEC agreed to cut output for first time in 8 years.


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

v  OPEC agreed to cut output for first time in 8 years.
v  MYR to fluctuate in the range of 4.440-4.470 against US dollar. 
v  Key watch: (i) US ISM manufacturing index, (ii) series of manufacturing PMI data for UK and Asian countries and (iii) OPEC meeting.

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