# My One Academy: FW: 20171031 AmBank FX Daily Outlook

> AmBank FX research reports the dollar falling after the Fed chair nomination news and possible gradual tax reforms. It expects the ringgit to trade between 4.2261 and 4.2420 per US dollar and lists key data releases for the day, including the Bank of Japan rate decision and EU GDP.

- Date: 2017-10-31 · published 2017-10-31T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68741-my-one-academy-fw-20171031-ambank-fx-daily-outlook
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Dollar weakness after the Fed nomination eases the dollar cost of ringgit-priced imports slightly. The move is a routine FX outlook with limited commodity impact.

## Read by commodity

- USDMYR: neutral

## Sources

- myoneacademy.blogspot.com: http://myoneacademy.blogspot.com/2017/10/fw-20171031-ambank-fx-daily-outlook.html

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