FW: [Maybank] Dollar Pullback

 

 

GBL: Dollar Pullback Global Markets Daily by Saktiandi Supaat FX Research Overnight session was relatively quiet with US markets closed for a holiday. USD, which had been consolidating earlier, slipped in the Asian session amid a technical rebound in the EUR. This softness in the USD helped to lift the AXJs higher. In particular, we are seeing the USDCNH leading the pack lower, especially after the lower USDCNY fixing today with the pair last seen around 6.5870. Still, we cannot rule out rebound risks even though in the near-term risks for the USD ... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Leslie Tang    (65) 6320 1378    leslietang@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.