Wednesday, October 5, 2016

v USD gained on Fed’s hawkish comments; GBP against USD fell to its lowest since 1985.


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

v  USD gained on Fed’s hawkish comments; GBP against USD fell to its lowest since 1985.
v  MYR to fluctuate in the range of 4.125-4.155 against US dollar. 
v  Key watch:- (i) US ADP employment change, (ii) US trade balance, (iii) US ISM non-manufacturing index and (iv) UK Prime Minister’s speech.

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