Monday, October 23, 2017

FW: [Maybank] USD To Run Higher?

 

 

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GBL: USD To Run Higher?

Global Markets Daily
by Saktiandi Supaat

FX Research

USD index was lifted higher underpinned by prospects for US tax reforms and the possibility of a new hawkish Fed Chair to replace Yellen. More importantly, PM Abe's election victory over the weekend saw the re-emergence of JPY bears that weighed on the JPY and lifted the USD. US equities could continue its run higher with a slew of corporate earnings on tap in the week ahead including Amazon, Alphabet, Microsoft, Facebook, Twitter, GM, Boeing, MacDonald's etc ...

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