FW: [Maybank] USD Gains to Moderate

 

 

USD Gains to Moderate Global Markets Daily by Saktiandi Supaat FX Research Pace of USD rally since mid-Apr continued to show signs of moderation. We believe recent FoMC's statement should serve as "speed regulating strips" to slow the pace of USD rally. This week brings a handful of geopolitical/trade event (see below). Geopolitical and trade war tensions could negate USD strength, and we see potential USD weakness vs. JPY, CHF and EUR. Bias remains to buy AUD on dips. Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Christopher Wong     (65) 6320 1347     wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.