FW: FX Weekly: Event Risks Next Week Underpriced

 

 

Event Risks Next Week Underpriced FX Weekly by Saktiandi Supaat FX Research Our call for USD pullback came to fruition with DXY touching a low of 93.21 (7 Jun). Looking ahead there are plenty of event risks coming up over the next 7 - 8 days. These could prove challenging and choppy for markets. We think markets may not have fully priced in upcoming event risks and sentiment is at risk of turning cautious. JPY and USD could see temporary support amid a risk-off environment while recent episode of EM sell-off could continue to punish the weakest links... 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.