Wednesday, October 12, 2016

v US stocks were in the sea of red ink, while GBP continued to test its low against USD.


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

v  US stocks were in the sea of red ink, while GBP continued to test its low against USD.
v  MYR expected to fluctuate in the range of 4.16-4.19 against US dollar. 
v  Key watch:- (i) FOMC minutes, (ii) Central Banks speeches (Fed, ECB, BOE & BOJ), and (iii) Malaysia Industrial Production.

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