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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 AccessUSD/MYR has moved away from highs,.......>
DOLLAR-MYR: USD/MYR has moved away from highs, last deals +72 at MYR4.2245 as
the ringgit underperforms its peers from the Asian EM basket. The recent
volatility in oil mkts has spooked participants, but the easing of broader
risk-off mood has capped gains & allowed the rate to pull back.
- Bulls remain focused on the Feb 26 high of MYR4.2435, the recent cycle peak.
Meanwhile, a drop below Monday's high of MYR4.2172 would fill today's opening
gap, bringing the MYR4.2000 mark into view.
- Malaysian PM Muhyiddin unveiled his new cabinet line-up, refraining from
appointing a Deputy PM.
- Ex-Dep PM Wan Azizah said that her husband Anwar is more likely to become the
leader of the opposition coalition than former PM Mahathir.
- Malaysia reports its industrial output data on Friday.
To read the full story
Sign up now for free trial access to this content.
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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.