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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.
MYR
Spot USD/MYR has edged lower in early trade, following yesterday's sell-off in the greenback. The rate last deals -23 pips at MYR4.0460, with bears looking for further losses past Dec 18 low of MYR4.0310. Below there opens the psychological MYR4.0000 figure. Bulls look for a jump above the nearby channel top at MYR4.0550 before targeting Dec 23 high of MYR4.0673.
- In local news, Malaysian Finance Ministry extended the exemption of vehicle sales tax to Jun 30, 2021 from Dec 31, 2020. The exemption was initially implemented to help the automotive sector amid the Covid-19 pandemic.
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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