FW: [Maybank] Revival of USD Strength?

 

 

GBL: Revival of USD Strength? Focus on Trump's Appointment of Fed Chair and US Data by Saktiandi Supaat FX Research The week ahead brings a handful of US data including 3Q GDP tonight (which may be soft due to hurricane disruption), PCE core Mon), ISM (Wed) and US payrolls (Fri). We see room for further USD upside if Trump appoints Taylor as Fed Chair (decision expected to be made known before next Fri). His appointment could lead markets to price in higher UST yields and firmer USD. We caution that DXY index could go higher towards 95.90 levels on sustained price action above 94.30 neck line of inverse ... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Christopher Wong    (65) 6320 1347    wongkl@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.