MARKET TALK: USD/MYR Tad Higher; 2.9900-3.0250 Tipped Near Term

The USD/MYR is a tad higher at 3.0010 vs 3.0000 late Thursday in Asia, tracking the dollar's broad strength against most regional currencies. "the pair is rangebound and is likely to stay this way next week. Players will focus on next week's monetary policy meeting for trading cues, but the euro will guide its direction," a local trader says. He tips the pair to trade in a 2.9900-3.0250 range in the near term.