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Highlights
of today’s AmBank FX Daily Outlook as follow:-
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· Stronger US dollar in
response to hawkish Fed Vice Fischer’s comment that “we are close to our
targets”.
· Bond-related inflows
and improving country’s risk premium will keep USD/MYR in the range
3.970-4.042.
· Key watch:- (i)
Merkel, Renzi and Hollande meeting on BREXIT.
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Monday, August 22, 2016
· Stronger US dollar in response to hawkish Fed Vice Fischer’s comment that “we are close to our targets”.
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