# My One Academy: FW: 20171129 AmBank FX Daily Outlook

> The AmBank FX outlook says the dollar rose to a 17-year high on consumer confidence and a hawkish Fed tone. The ringgit is expected to trade between 4.0979 and 4.1161 per dollar. The note lists upcoming US GDP, PCE, and European and UK data releases.

- Date: 2017-11-29 · published 2017-11-29T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68256-my-one-academy-fw-20171129-ambank-fx-daily-outlook
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and firmer US data reinforce pressure on dollar-denominated commodity prices and on ringgit-linked costs. The note is routine daily FX commentary with limited direct feed impact.

## Read by commodity

- DXY: bullish ▲
- USDMYR: neutral

## Sources

- myoneacademy.blogspot.com: http://myoneacademy.blogspot.com/2017/11/fw-20171129-ambank-fx-daily-outlook.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.