USD/MYR: No changes to the consolidative mood – UOB – by pabspiovano USDMYR Currencies Crosses Banks
is seen extending the side-lined trading for the time being, suggests UOB Group’s Markets Strategist Quek Ser Leang.Last week, we expected USD/MYR to trade in a range between 4.5230 and 4.6000. However, USD/MYR dipped to 4.5150 and then rebounded to end the week little changed at 4.5530 . Despite dropping to 4.5150, there is no clear increase in momentum.Share:Information on these pages contains forward-looking statements that involve risks and uncertainties.
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