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FX Research
by Saktiandi
Supaat
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Bias Remains to Buy
USD on Dips
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USD was softer, following worse than expected US NFP (156k
vs. 172k Expected vs. 167k prior revised higher). Oil prices also fell as
Russian Energy Minister said he was not expecting to sign a production
deal with OPEC at the World Energy Conference (8-13 Oct). Day ahead could
see some USD softness, as Fed rate hike bets eased. We think this
potential correction is temporary and remain biased to buy into USD dips.
Expect USDMYR to trade ...
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Saktiandi Supaat
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Christopher Wong
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