Thursday, September 1, 2016

v Strong US dollar momentum continued. Oil prices retreated on higher US inventory.


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

v  Strong US dollar momentum continued. Oil prices retreated on higher US inventory.
v  MYR to hover in the range of 4.03-4.07 against US dollar.
v  Key watch:- (i) US ISM manufacturing, (ii) US unit labor cost, (iii) JP capex growth (iv) MY Nikkei PMI.

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