FW: [Maybank] ASEAN FX Awaiting Directional Cues

 

 

GBL: ASEAN FX Awaiting Directional Cues FX Asia Fortnightly by Saktiandi Supaat FX Research ASEAN FXs have been in consolidative mode this week as they await fresh directional cues. US tax reform plans as well as regional GDP releases could provide the impetus for ASEAN FX moves in the two weeks ahead. As well, further gains in oil/commodity prices could see the IDR and MYR remain supported ahead. In Malaysia, the hawkish shift in the MPC statement with the MPC stating explicitly that it could consider normalising policy, makes it the first ASEAN economy to do so ... 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.