Highlights
of today’s FX Daily Outlook as follow:-
|
· A range bound market
ahead of global central banks meeting
· Big picture continues
to favour US dollar over Euro as market odds showing the Fed is more likely
than not to raise rates by year-end
· Should BoJ failed to
match markets’ expectations, we see possibility of USD/JPY to test low of
101.36
· Maintain a
depreciation bias of MYR against US dollar with a trading range of
4.016-4.143
|
Wednesday, July 27, 2016
· A range bound market ahead of global central banks meeting
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