Friday, October 16, 2026

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USD/MYR rallies on fixing related buying, NDFs

Hedge funds buying sent the NDFs thru 3.65, last 3.6540-80 Pair risks further short squeeze above 3.6500 February IP eyed at 0401GMT, f/c 4.7%y/y vs 7.0%y/y last

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Hedge funds buying sent the NDFs thru 3.65, last 3.6540-80

  • Pair risks further short squeeze above 3.6500

  • February IP eyed at 0401GMT, f/c 4.7%y/y vs 7.0%y/y last

 

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