BUZZ-USD/MYR-Poised for a stronger correction of Nov-Feb decline

By Kitco News / February 28, 2018 / www.kitco.com / Article Link

* USD/MYR to continue to exert pressure on 3.9285, 76.4% of 3.9420-3.8850move* Break to yield test of 3.9420 Feb high as solid base forms at3.8850-3.8900* Underpinned by 2-year yield which reach highest since Sept 2008 * AXJ bloc could be affected if China Caixin mfg PMI disappoints today* China official PMIs Wed herald sharp slowdown before NPC * MY Jan CPI +2.7% y/y, slowest in over a year, BNM done with 1 hike in 2018?<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^USD/MYR: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

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