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KUALA LUMPUR (29 November): The Malaysian ringgit has almost melted in the last year after Fed Chairman Dovish comments Jerome Powell weighed on the dollar.
* USD / MYR falls 0.2% to 4,1938 after climbing to 4.2020 on Wednesday, its highest level since November 2017
** Support 4.1642, 4.1227, 4.0900; resistance 4.2005, 4.2437, 4.2531
** BBDXY slipped 0.6% on Wednesday after Powell said the Fed's rate hikes had brought the policy to "just below" the range of neutral estimates
* Oanda refrained from buying ringgits because of low oil prices, even as Malaysian bonds may catch up with their counterparts in the region thanks to a dovish Fed, says Stephen Innes, head of Transactions for Asia-Pacific in Singapore
Powell's comments have strengthened regional markets, but US Trade Representative Robert Lighthizer's statement on China's trade policy says "it's way too early to suggest holding a Santa rally"
* Malaysia's 10-year bond yield drops 1 basis point to 4.16%
* The auction of 3.55 billion RMB 2023 state bonds comes to an end at 11:30 am local time
* Malaysia seeks to negotiate directly with Goldman Sachs to recover more than $ 600 million that the bank has earned by raising funds for the 1MDB public fund, said Anwar Ibrahim in an interview in Istanbul
* 1Q: Finance Minister Lim Guan Eng will put in place regulations for cryptocurrency trading and initial coin offerings
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