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MYR: USD/MYR – Having Rallied Yesterday, Ringgit Softer this Morning.  

MYR
  • USD/MYR is moderately higher at 4.4585 in Kuala Lumpur morning; versus yesterday's close of 4.4578.
  • Ringgit is stuck in the mid-point between the 100-day EMA of 4.4256 and the 200-day EMA of 4.5.
  • Bloomberg Asia dollar spot index is higher by 0.05% at the open and the Bloomberg Dollar spot index is 0.12% lower.
  • USD/MYR one-month implied volatility is down this morning to 5.99%, versus 6.01% for yesterday’s close.
  • Malaysia's 10-year bond yield is at 3.809%
  • Malaysia 5 yr USD CDS at 43bps (yesterday close 43bp, 5-year low 32bp in 2020).

Headlines

  • Prime Minister Anwar Ibrahim’s visit to South Korea yielded 32.8 billion ringgit ($7.3 billion) in potential investment and 1.3 billion Ringgit in potential exports for Malaysia, the Trade Ministry said in a statement Tuesday (source:  BBG).
  • OIL: Crude Steady As Lebanon Truce Due To Take Effect (source: MNI – Market News)
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  • USD/MYR is moderately higher at 4.4585 in Kuala Lumpur morning; versus yesterday's close of 4.4578.
  • Ringgit is stuck in the mid-point between the 100-day EMA of 4.4256 and the 200-day EMA of 4.5.
  • Bloomberg Asia dollar spot index is higher by 0.05% at the open and the Bloomberg Dollar spot index is 0.12% lower.
  • USD/MYR one-month implied volatility is down this morning to 5.99%, versus 6.01% for yesterday’s close.
  • Malaysia's 10-year bond yield is at 3.809%
  • Malaysia 5 yr USD CDS at 43bps (yesterday close 43bp, 5-year low 32bp in 2020).

Headlines

  • Prime Minister Anwar Ibrahim’s visit to South Korea yielded 32.8 billion ringgit ($7.3 billion) in potential investment and 1.3 billion Ringgit in potential exports for Malaysia, the Trade Ministry said in a statement Tuesday (source:  BBG).
  • OIL: Crude Steady As Lebanon Truce Due To Take Effect (source: MNI – Market News)