v US dollar continue to struggle for
direction as markets try to gauge the extent to which the U.S. economy has
moderated in recent months
v Euro trades in narrow range after a
bounce to high of $1.08 which once again proved to be short-lived
v Japanese Yen tries to test above 120
as Japanese investors continue to be a net seller
v Asian currencies mostly end on the
bullish note against the US dollar
v RM is top performer due to declining
cross SGDMYR, supportive 1-month NDF rate, bullish local equity and strong
rebound in CPO prices
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Monday, April 27, 2015
Weekly FX Update, 27 April 2015
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