Highlights
of today’s FX Daily Outlook as follow:-
|
· Risk-on tone is
expected with rising attention on JPY, GBP and CNY
· Expect EUR/USD to
trade in a consolidative fashion, in a trading range of 1.100-1.110
· Expect the 100-day MA
of 108.44 as immediate resistance for USD/JPY
· Bearish bias of
commodity prices, depreciating CNY against USD and rebound in cross SGD/MYR
is expected to drive USD/MYR
|
Tuesday, July 19, 2016
· Risk-on tone is expected with rising attention on JPY, GBP and CNY
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