USD/MYR Spot May Open Around 0.5% Higher, Forwards Imply
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- USD/MYR 1-month rose to 4.2067 overnight amid a global bond rout and as oil traded near $50 following a report Gulf nations may be willing to cut output as OPEC weighs action to ease a supply glut.
Alert: HALISTER1- The NDF’s level compares with yesterday’s onshore close for USD/MYR at 4.1845.
Source: BFW (Bloomberg First Word)
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UUID: 7947283