HALISTER1: USD/MYR Extends Gain on CPI; U.S. May Look to Seize 1MDB Assets

USD/MYR Extends Gain on CPI; U.S. May Look to Seize 1MDB Assets

(Bloomberg) -- USD/MYR climbs 0.7% to two-week high at 4.0325, approaching 50-DMA at 4.0556.
  • June CPI rose 1.6% y/y vs est. 1.8%
  • U.S. federal prosecutors are expected to file lawsuits as soon as Wednesday morning to seize assets allegedly purchased with money from 1MDB, WSJ reports
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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