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MYR: USD/MYR – Ringgit Weakens as US Dollar Rallies on Tariff Threat.    

MYR
  • USD/MYR is weaker at 4.4660 in Kuala Lumpur morning; versus yesterday's close of 4.4515.
  • Ringgit has traded in a tight range for some time stuck in the mid-point between the 200-day EMA of 4.5005 and the 100-day EMA of 4.4251.
  • Bloomberg Asia dollar spot index is lower by 0.10% at the open and the Bloomberg Dollar spot index is 0.52% higher.
  • USD/MYR one-month implied volatility is down this morning to 6.015%, versus 6.085% yesterday’s close.
  • Malaysia's 10-year bond yield is at 3.82%
  • Malaysia 5 yr USD CDS at 43bps (yesterday close 43bp, 5-year low 32bp in 2020).

Headlines

  •  Palm oil bounces back after tumbling by the most since April 2023 last week on signs Malaysian production is set to drop (source: BBG).
  • OIL: Crude Down Sharply as Israel/Hezbollah Truce Deal Closer (source:  MNI – Market News).
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  • USD/MYR is weaker at 4.4660 in Kuala Lumpur morning; versus yesterday's close of 4.4515.
  • Ringgit has traded in a tight range for some time stuck in the mid-point between the 200-day EMA of 4.5005 and the 100-day EMA of 4.4251.
  • Bloomberg Asia dollar spot index is lower by 0.10% at the open and the Bloomberg Dollar spot index is 0.52% higher.
  • USD/MYR one-month implied volatility is down this morning to 6.015%, versus 6.085% yesterday’s close.
  • Malaysia's 10-year bond yield is at 3.82%
  • Malaysia 5 yr USD CDS at 43bps (yesterday close 43bp, 5-year low 32bp in 2020).

Headlines

  •  Palm oil bounces back after tumbling by the most since April 2023 last week on signs Malaysian production is set to drop (source: BBG).
  • OIL: Crude Down Sharply as Israel/Hezbollah Truce Deal Closer (source:  MNI – Market News).