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Highlights
of today’s FX Daily Outlook as follow:-
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· The likely trading
range between MYR against USD is expected to be around 4.012 to 4.094 due to
improving country’s risk sentiment
· Key watch:- (i) CNY’s
reaction to GBP (ii) Malaysia’s trade surplus position
· Technically, 100-day
MA of 4.012 is expected to be immediate support; any break will trigger next
support at 3.965 against US dollar
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Friday, August 5, 2016
· The likely trading range between MYR against USD is expected to be around 4.012 to 4.094
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