USD/MYR: No changes to the consolidative mood

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Markets Strategist Quek Ser Leang at UOB Group expects USD/MYR to extend the current side-lined trading in the next few sessions. Key Quotes Last week

Last week, we highlighted that USD/MYR “could continue to trade in a range this week, likely between 4.6200 and 4.6700.” USD/MYR then traded in a narrower range of 4.6270/4.6540.

The quiet price actions offer no fresh clues, and we continue to expect USD/MYR to trade in a range, likely between 4.6250 and 4.6660. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Source: Digital Coin News (digitalcoinnews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EUR/USD could slip back to 1.0720Further decline could see EUR/USD revisiting the 1.0720 region in the next few weeks, note Economist Lee Sue Ann and Markets Strategist Quek Ser Leang
Source: FXStreetNews - 🏆 14. / 72 Read more »

GBP/USD now faces downside risksEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest GBP/USD is predicted to meet a tough support around 1.2545 ahead of 1
Source: FXStreetNews - 🏆 14. / 72 Read more »

AUD/USD now seen trading within a range bound themeAUD/USD is now expected to trade within the 0.6390-0.6525 range in the next few weeks, according to Economist Lee Sue Ann and Markets Strategist Quek
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/JPY now faces some side-lined trading in the short termIn the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, the upside pressure in USD/JPY now seems to have lost some tr
Source: FXStreetNews - 🏆 14. / 72 Read more »

Morning Bid: Try to top that one, AsiaA look at the day ahead in Asian markets from Stephen Culp, financial markets journalist.
Source: Reuters - 🏆 2. / 97 Read more »

Impeachment inquiry into Biden is 'poor decision,' GOP strategist warns'These impeachments...dating back to Clinton do not help the party that is doing the impeaching,' Terry Sullivan said.
Source: Newsweek - 🏆 468. / 52 Read more »