Monday, May 15, 2017

v Dollar slumps after disappointing inflation and retail sales data


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

v  Dollar slumps after disappointing inflation and retail sales data
v  MYR to fluctuate in the range of 4.3337-4.3585 against US dollar
v  Key watch:- (i) May US Housing Market Index; (ii) Apr China fixed asset investment; (iii) Apr China industrial production; (iv) 1Q Thailand GDP; (v) Mar Malaysia unemployment rate

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