Thursday, April 19, 2018

FW: [Maybank] Commodity-Linked Currencies Supported



Commodity-Linked Currencies Supported

Global Markets Daily
by Saktiandi Supaat

FX Research

Easing geopolitical tensions over Syria and North Korea, and the Beige Book's upbeat assessment of the US overnight lifted risk sentiments. USD performance was mixed again though. Mild gains were seen vs. JPY while mild weakness was seen vs. commodity-linked currencies. USD was also mixed against the ASEAN FXs with USDSGD and USDTHB eking out gains overnight. Commodity-linked currencies also found some support from higher commodity prices led by metals and oil ...


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