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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.
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Spot USD/MYR trades at MYR4.2175 at typing, up 85 pips on the day, seemingly in reaction to hawkish Fedspeak from overnight.
- Bulls need a clearance of yesterday's high (MYR4.2210) before targeting Mar 29 high of MYR4.2260, followed by Mar 24 high of MYR4.2373. Bears look for a sell-off past Mar 30 low of MYR4.2000.
- In case someone was still having any doubts about the relations between the main federal coalition partners, UMNO President Zahid has sued Bersatu leader Muhyiddin for defamation over the ex-PM's claim that Zahid had asked for his help in delaying/settling court cases.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.