Thursday, August 18, 2016

A divided Fed drove weaker US dollar and rally in oil prices.


Highlights of today’s AmBank FX Daily Outlook as follow:-

·         A divided Fed drove weaker US dollar and rally in oil prices.
·         MYR to stay in the range of 3.970-4.035 against USD in response to dovish FOMC minutes. 
·         Key watch:- (i) Fed’s William speech (ii) US initial jobless claims.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails