Daily FX Update, 27 August 2015

v  US July durable goods orders come in stronger than market consensus v  New York Fed President Dudley states that recent developments made the case for a September hike “less compelling”      v  UK July mortgage approvals rise to their highest level in seventeen months v  OECD area GDP growth slows marginally in Q2 2015       v  South Korea consumer confidence rises in August v  Singapore July manufacturing falls 6.1% y/y in July as electronics, pharma drop

INDICATIVE MAJOR CURRENCIES Last Close  8.05 am Snapshot        Bid                   Offer Expected Ranges for Today         Low                       High USD/MYR 4.2460 4.2190 4.2510 4.2170 4.2620 JPY/MYR (100) 3.5576 3.5170 3.5530 3.5000 3.5700 SGD/MYR 3.0152 3.0030 3.0390 3.0000 3.0500 EUR/MYR 4.8341 4.7850 4.8290 4.7600 4.8500 AUD/MYR 3.0087 3.0000 3.0350 2.9900 3.0600 GBP/MYR 6.5758 6.5400 6.5800 6.5100 6.6300 USD/JPY 119.35 119.81 120.22 119.41 120.41 EUR/USD 1.1385 1.1180 1.1490 1.1280 1.1390 AUD/USD 0.7086 0.6970 0.7280 0.7080 0.7180