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MYR: USD/MYR Higher at the Open as Slower Pace of US Rate Cuts Expected. 

MYR

   

  • USD/MYR is up at 4.2985 in Kuala Lumpur morning; versus Friday's close of 4.2887. A softer yuan backdrop amid stimulus disappointment from the weekend is also likely weighing on rinngit.
  • Bloomberg Asia dollar spot index is flat at the open and the Bloomberg Dollar spot index is 0.10% higher.
  • USD/MYR one-month implied volatility is up this morning to 7.5675%, versus 7.2325% Friday’s close.
  • Malaysia's 10-year bond yield is at 3.796%
  • Malaysia 5 yr USD CDS at 37bps (yesterday close 37bp, 5-year low 32bp in 2020).

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  • USD/MYR is up at 4.2985 in Kuala Lumpur morning; versus Friday's close of 4.2887. A softer yuan backdrop amid stimulus disappointment from the weekend is also likely weighing on rinngit.
  • Bloomberg Asia dollar spot index is flat at the open and the Bloomberg Dollar spot index is 0.10% higher.
  • USD/MYR one-month implied volatility is up this morning to 7.5675%, versus 7.2325% Friday’s close.
  • Malaysia's 10-year bond yield is at 3.796%
  • Malaysia 5 yr USD CDS at 37bps (yesterday close 37bp, 5-year low 32bp in 2020).

Headlines

Keep reading...Show less