MARKET TALK: USD/MYR Up More; May Test 3.1000 Near Term -Trader

The USD/MYR extends gains, rising to 3.0580 vs 3.0500 earlier and compared with 3.0340 late Wednesday as the greenback advances against Asian currencies amid growing concerns over Greek debt problems. "The MYR is vulnerable to further declines if the situation in Greece worsens," a local trader says. She adds, the USD/MYR could hit 3.1000 in the near term "should the EUR/USD fall to 1.2900."