Tuesday, May 22, 2018

FW: [Maybank] Mixed

 

 

Mixed

Global Markets Daily
by Saktiandi Supaat

FX Research

The impact of the pullback in UST yields and USD appears mixed. USD/Asians are enjoying some near-term relief, while among the majors, EUR and GBP are facing some mild downside pressures vs. the USD on concerns over Italy politics and comments from BOE officials. Higher commodity prices, including oil with both Brent and WTI climbing higher, are supportive of the NZD and CAD. The pullback in UST yields and USD is putting some upside pressure on the JPY after almost a week of losses ...

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