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BNM Speak Up Today


Spot USD/MYR sits at MYR4.1803, 33 pips lower on the day. Bears eye the 100-DMA/Oct 4 low of MYR4.1750/4.1695 for initial support and a break here would expose Sep 10 low/200-DMA at MYR4.1300/4.1274. Conversely, a rebound above the 50-DMA/Sep 30 high at MYR4.1952/4.1970 would give bulls some fresh momentum.

  • Senior Min Hishammuddin announced that Johor will move to Phase Three of the National Recovery Plan, while Pahang will move to Phase Four from Oct 8.
  • Bank Negara Malaysia Governor Nor Shamsiah will today participate in a panel on regulating big tech alongside fellow central bank chiefs from Brazil, Mexico, France and the Netherlands.

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