Tuesday, October 4, 2016

GBP dropped to nearly 3-month low against USD after May signalled BREXIT by end of March 2017.


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

v  GBP dropped to nearly 3-month low against USD after May signalled BREXIT by end of March 2017.
v  MYR to fluctuate in the range of 4.100-4.130 against US dollar. 
v  Key watch:- (i) Fed Lacker’s speech, (ii) Japan consumer confidence, (iii) UK construction PMI and (iv) RBA, RBI monetary policy meetings.

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