Wednesday, July 12, 2017

v Dollar underpinned by rising expectations of another rate hike in 2017


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

v  Dollar underpinned by rising expectations of another rate hike in 2017
v  MYR to fluctuate in the range of 4.2884-4.3036 against US dollar
v  Key watch: (i) US Fed Williams, Brainard, Kashkari speeches (ii) BoE Haldane and Broadbent speeches; (ii) ECB Coeure speech; (iii) May US wholesale inventories (iv) June Australia NAB Business Confidence

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