Tuesday, May 8, 2018

FW: 20180508 AmBank FX Daily Outlook

 

 

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

 

v  Dollar rose with increasing bets on faster rate hike

v  MYR to fluctuate in the range of 3.9349 – 3.9498 against US dollar

v  Key Watch: (i) US Fed Chair Powell Speech & Trump Speech on Nuclear Deal; (ii) Mar US JOLTs Job Openings & May IBD/TIPP Economic Optimism; (iii) April UK Halifax House Price Index; (iv) Mar Germany Trade Balance & Mar IP; (v) Apr China Trade Balance; (v) Mar Japan Household Spending

 

Best regards,

FX Research & Strategy

AmBank Research, AmBank (M) Berhad

+603 2036 2255 (DL) +03 2031 7218 (Fax)

Level 15, Bangunan AmBank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur

 

 

 

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