September 17, 2024 00:37 GMT
MYR: USD/MYR down at the Open, Dollar Weaker Ahead of the FED
MYR
- USD/MYR is down at 4.2940 in Kuala Lumpur morning; versus Friday's close of 4.3012 (Monday a public holiday in Malaysia).
- Bloomberg Asia dollar spot index is lower by 0.05% at the open and the Bloomberg Dollar spot index is close to unchanged.
- USD/MYR one-month implied volatility is up this morning to 6.15%, versus 5.8925% close on Monday.
- Malaysia's 10-year bond yield is 2bp lower in yield at 3.73%
- Malaysia 5 yr USD CDS at 37bps (yesterday close 37bp, 5-year low 32 in 2020).
Headlines
- Asian stocks were steady early Tuesday following a mixed session on Wall Street where traders boosted bets the Federal Reserve will this week deliver a half-point rate cut (Source: Bloomberg).
Data Releases
- None today
- Next major release September 19 – Export and Import data
Government Bond Auction
- None
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