November 28, 2024 01:04 GMT
MYR: USD/MYR – Ringgit Strength sees it Testing Key Technical Levels.
MYR
- USD/MYR is down at 4.4418 in Kuala Lumpur morning; versus yesterday's close of 4.4438.
- Over the course of the last week, the Ringgit has exhibited a strengthening bias and this morning this has continued, and it is now approaching the 20-day EMA of 4.4304 and the 100-day EMA of 4.4256
- USD/MYR one-month implied volatility is down this morning to 5.8050%, versus 5.935% yesterday’s close.
- Malaysia's 10-year bond yield is at 3.803%
- Malaysia 5 yr USD CDS at 44bps (yesterday close 43bp, 5-year low 32bp in 2020).
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