Wednesday, September 7, 2016

US dollar was sold across the board in response to the weaker-than-expected ISM non-manufacturing data.


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

v  US dollar was sold across the board in response to the weaker-than-expected ISM non-manufacturing data.
v  MYR to fluctuate in the range of 4.040-4.070 against US dollar. 
v  Key watch:- (i) Fed officials’ speeches, (ii) BoE Carney and officials’ speeches, (iii) BNM monetary policy meeting and (iv) Malaysia trade balance.

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