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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
USD/MYR Firms Up At Re-Open
USD/MYR kicked off on a firmer footing today as the DXY extended Friday's gains. The pair last sits at MYR4.0460, 90 pips better off. A break above the 50-DMA at MYR4.0663 would prompt bulls to target Jan 12 high of MYR4.0760, a key near-term resistance. Bears look for a slide through Friday's low of MYR4.0325 before targeting Jan 8 low of MYR4.0285.
- The Malaysian gov't said that it is taking legal action against the EU and its member states France and Lithuania in the WTO over the EU's renewable-energy directive, which Kuala Lumpur sees as "discriminatory action."
- PM Muhyiddin announced that he will form a Covid-19 advisory group, which will help the gov't draft policies to contain the virus.
- The main economic event in Malaysia this week is the latest monetary policy decision from BNM, with analysts almost evenly split on whether policymakers will decide to trim the OPR.
- Friday's release of December CPI report will provide interest on the data front.
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.