FW: 20180502 AmBank FX Daily Outlook

 

 

Highlights of today’s AmBank FX Daily Outlook as follows:-

v  Dollar rally amidst FOMC meeting v  MYR to fluctuate in the range of 3.9118 – 3.9286 against US dollar v  Key Watch: (i) Apr US ADP Employment Change; (ii) Apr EU & Germany Markit Manufacturing PMI; (iii) Mar EU Unemployment Rate; (iv) Apr Japan Consumer Confidence; (v) Apr China, Thailand, Malaysia, Indonesia, & Philippines Caixin/NIKKEI Manufacturing PMI; (vi) Apr Indonesia CPI v  Focus of the day: USD/MYR - Expect DXY to be on a strong note amidst FOMC meeting

Best regards,

FX Research & Strategy

AmBank Research, AmBank (M) Berhad

+603 2036 2255 (DL) +03 2031 7218 (Fax)

Level 15, Bangunan AmBank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur

 

 

 

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