Monday, May 22, 2017

v Dollar drops after dovish comments from Fed’s Bullard


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

v  Dollar drops after dovish comments from Fed’s Bullard
v  MYR to fluctuate in the range of 4.3145-4.3485 against US dollar
v  Key watch: (i) Fed’s Kashkari, Harker and Brainard speeches; (ii) US Chicago Fed national activity index; (iii) Apr Japan trade balance; (iv) Mar Malaysia coincident and leading indices

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