Friday, October 16, 2026

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USD/MYR aims for 3.71; 3.1780 next

Pair regains the 3.70 level into midday fix Markets a bit short, also spooked by fears of ratings cut Pair last seen at 3.7025-55, rising from 3.6895 early low Break above 3.71 could push the pair to 3.7180 yesterday hig…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair regains the 3.70 level into midday fix

  • Markets a bit short, also spooked by fears of ratings cut

  • Pair last seen at 3.7025-55, rising from 3.6895 early low

  • Break above 3.71 could push the pair to 3.7180 yesterday high, Mar 11

  • Caution ahead of FOMC meeting tonight may hamper gains intraday 

 

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Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team