Daily FX Update, 24 July 2015

v  US‘s initial jobless claims decline to the lowest level since 1973 v  UK’s retail sales volumes decline by 0.2% m/m in June v  Greece  pass the final set of reforms require by the Troika v  Malaysia’s international reserves drop US$5.0 billion to US$100.5 billion as at 15 July v  Japan‘s trade deficit narrow to JPY69.0 billion in June v  Singapore’s consumer price index drops 0.3% y/y in June

INDICATIVE MAJOR CURRENCIES Last Close  8.05 am Snapshot        Bid                   Offer Expected Ranges for Today         Low                       High USD/MYR 3.8045 3.7910 3.8250 3.7890 3.8340 JPY/MYR (100) 3.0734 3.0560 3.0890 3.0500 3.1100 SGD/MYR 2.7807 2.7660 2.8000 2.7600 2.8200 EUR/MYR 4.1823 4.1660 4.2040 4.1500 4.2400 AUD/MYR 2.8032 2.7840 2.8170 2.7700 2.8400 GBP/MYR 5.9019 5.8900 5.9270 5.8700 5.9800 USD/JPY 123.79 123.70 124.11 123.30 124.30 EUR/USD 1.0993 1.0840 1.1150 1.0940 1.1050 AUD/USD 0.7368 0.7200 0.7510 0.7310 0.7410