Tuesday, August 30, 2016

· US dollar held firm post Jackson Hole. Oil prices retreated as doubts emerged.


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

·         US dollar held firm post Jackson Hole. Oil prices retreated as doubts emerged.
·         MYR to hover in the range of 4.02-4.05 against US dollar. 
·         Key watch:- (i) US consumer confidence, (ii) US Fed’s Fischer speaking, (iii) UK mortgage approvals and (iv) BoK’s policy minutes.

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