Wednesday, September 27, 2017

FW: [Maybank] Trump to Outline Tax Reforms Tonight

 

 

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GBL: Trump to Outline Tax Reforms Tonight

Global Markets Daily
by Saktiandi Supaat

FX Research

UUSD firmed amid comments from Fed's Yellen and Bostic and leaked information with regards to US tax reform outline (which Trump will announce tonight). USD strength was more felt against the lower yielders in particular JPY and CHF as well as AXJs. We continue to hold to our tactical long USD view. We expect EUR and NZD to stay on the softer side amid political uncertainties as Germany and NZ scrambles to form the next government. Focus today on US tax reforms. Material progress should see ...

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