FW: [Maybank] MYR Outperformance

 

 

GBL: MYR Outperformance Global Markets Daily by Saktiandi Supaat FX Research USDMYR fell sharply after BNM MPC meeting yesterday. Accompanying MPS signals a hawkish shift in guidance. In particular the statement said the MPC may consider reviewing the current degree of monetary accommodation in view of BNM's assessment that global economic growth has become more entrenched and synchronized, and will be sustained in 2018.. the shift is expected to add to our positive outlook on MYR. Next support seen at 4.17 – 4.18 levels. 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.