• USD/MYR: Further range bound trade likely near term – UOB

Noticias del mercado

3 abril 2023

USD/MYR: Further range bound trade likely near term – UOB

In opinion of Markets Strategist Quek Ser Leang at UOB Group, USD/MYR is expected to keep the 4.3800-4.4350 range unchanged this week.

Key Quotes

“Last week, we expected USD/MYR to trade in a range between 4.4100 and 4.4700. However, USD/MYR dipped to 4.3800 before rebounding to end the week at 4.4100 (0.36%).”

“Despite the decline, there is no significant improvement in downward momentum. We continue to expect USD/MYR to trade in a range this week, likely between 4.3800 and 4.4350.”

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: