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MYR: USD/MYR Higher on Safe Haven Flight to Dollar. 

MYR

   

  • USD/MYR is up at 4.2055 in Kuala Lumpur morning; versus yesterday's close of 4.1760. A firmer US yield backdrop, coupled with sharp yen losses post yesterday's onshore Malaysia close are contributing to this morning's rise.
  • Bloomberg Asia dollar spot index is higher by 0.04% at the open and the Bloomberg Dollar spot index is 0.03% higher.
  • USD/MYR one-month implied volatility is down this morning to 6.0375%, versus 6.5075% yesterday’s close.
  • Malaysia's 10-year bond yield is 2bp lower in yield at 3.72%
  • 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 4.2055 in Kuala Lumpur morning; versus yesterday's close of 4.1760. A firmer US yield backdrop, coupled with sharp yen losses post yesterday's onshore Malaysia close are contributing to this morning's rise.
  • Bloomberg Asia dollar spot index is higher by 0.04% at the open and the Bloomberg Dollar spot index is 0.03% higher.
  • USD/MYR one-month implied volatility is down this morning to 6.0375%, versus 6.5075% yesterday’s close.
  • Malaysia's 10-year bond yield is 2bp lower in yield at 3.72%
  • Malaysia 5 yr USD CDS at 37bps (yesterday close 37bp, 5-year low 32bp in 2020).

Headlines

Keep reading...Show less