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Narrow Ranges Persisting, Docket Empty This Week

MYR

USD/MYR continues to sit in narrow ranges a touch of YTD highs below the 4.70 handle.

  • In early dealing this morning we last print at 4.6860/85, unchanged from opening levels.
  • Bulls target the high from 11 Nov 2022 (4.7025), a break through here opens the high from Nov 4 2022 (4.7495). Bears first target the 20-Day EMA (4.6741).
  • The data docket is empty this week, the next data of note is next Monday's S&P Global MFG PMI for September.

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