FW: Global Markets Daily: Cautious Optimism

 

 

Cautious Optimism Global Markets Daily by Saktiandi Supaat FX Research USDJPY was bid this morning, buoyed by a sense of cautious optimism. The pair rose another 40pips after swiveling around the 110-figure for much of European session. Moving in tandem is USDCNH, back above the 6.4030. The latter seems to be rather sticky around the 6.40-figure and may continue to remain so ahead of the hike at the FOMC meeting. USD reasserts itself against other currencies soon after with EURUSD last seen around 1.1750 and AUDUSD back under the 0.76-figure. Equities were... 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.