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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 AccessRinggit Softer In Early Trade, Data Docket Light This Week
The Ringgit has opened dealing on Monday softer as geopolitical tensions in the Middle East weigh on risk sentiment. Broader USD trends are dominated as safe havens strengthen this morning.
- USD/MYR is up ~0.2%, last printing at 4.7210/40.
- A reminder that on Friday Foreign Reserves for Sep 29 printed at $110.1bn ticking lower from the prior read of $111.5bn.
- Technically the uptrend in USD/MYR remains in place, bulls target a break of the YTD high (4.7397) this opens 4.7973 a Fibonacci projection.
- The data docket is light this week, August Industrial Production is the only data of note and is due on Thursday.
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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.