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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).

 

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  • 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).

 

Keep reading...Show less