Tuesday, October 17, 2017

FW: [Maybank] USD Grinding Higher

 

 

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GBL: USD Grinding Higher

Global Markets Daily
by Saktiandi Supaat

FX Research

The USD index saw support from strong Empire manufacturing print for Oct, the possibility of a US-North Korea dialogue as well as on the rising star of John Taylor as the possible new Fed Chair. Rising political risks in the EU – the rise of the far-right in Austria, the loss of Merkel's party in the Lower Saxony election and the Catalonia separatist movement in Spain – are weighing on the EUR and should help to keep the USD supported ahead ...

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