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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessOn The Defensive
Spot USD/MYR has added 30 pips thus far and last sits at MYR4.2090, after rallying to fresh two-month highs on Monday. Further gains past Jan 7 high of MYR4.2175 would demonstrate that bullish impetus is taking hold. Bears look for a pullback below MYR4.1750/30, which limited losses on Mar 10/4.
- Johor's caretaker Chief Minister Hasni Mohammad suggested he would not seek to form the next administration and might give way to a younger candidate. Reminder that Hasni's Barisan Nasional alliance won a decisive victory in the state election concluded last weekend.
- Looking ahead, Malaysia's Department of Statistics will publish monthly trade data this Friday.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.