Wednesday, May 3, 2017

With USD sluggish, volatility frustratingly low, investors delved into risk assets. USDJPY rose to a high of 112.3





Global Markets Daily
by Saktiandi Supaat


FX Research





With USD sluggish, volatility frustratingly low, investors delved into risk assets. USDJPY rose to a high of 112.30 before tapering back towards the 112-figure. The rest of USDAsians languished. USDMYR gapped lower this morning to levels around 4.3175. USDTWD and USDKRW also slumped on Tuesday. The former drifted below the key-30-figure while USDKRW was last seen around 1128. USDCNH was also seen on the slide, last printed 6.8898. Expect USDAsians to remain bias to the downside ahead of the...

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