Malaysian Ringgit: External pressure but scope for reversal – OCBC

Christopher Wong at OCBC writes that the Malaysian Ringgit weakened during Thursday’s Asian session on a firmer US Dollar and higher US Treasury yields after the FOMC, with USD/MYR briefly trading above 4.10 in an orderly move.
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United Kingdom CFTC GBP NC Net Positions: £-58.7K vs £-58.8K

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