FW: [Maybank] USD In Flavour

 

 

USD In Flavour Global Markets Daily by Saktiandi Supaat FX Research While the UST 10y yield languished below the 3%, the greenback powered on against almost all G10 and Asian currencies. Noteworthy is that CAD was again, one of the most resilient. We see the seasonality factor at play here as May typically sees USD strength (along with the sell-in-May effect). Risk appetite is not exactly robust with DJI down 0.3% while S&P and NASDAQ eked out modest gains, underpinned by strong profit and sales report by Apple... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Fiona Lim     (65) 6320 1374     fionalim@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.