MYR volatility climbs as factory data in focus: Inside Malaysia
KUALA LUMPUR (Dec 11): A gauge of expected swings in the ringgit rises for the first time in four days, as investors await factory output data and the outcome of the Federal Reserve’s meeting this week.
* 1-month implied volatility for USD/MYR jumps 24bps to 5.86%
* USD/MYR falls 0.1% to 4.0817
** Support 4.0360, 4.0000, 3.9300; resistance 4.1990, 4.2440, 4.2535
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