Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
123 Pages « < 54 55 56 57 58 > » Bottom

Outline · [ Standard ] · Linear+

 USD/MYR drop, V2

views
     
nexona88
post Oct 2 2015, 10:53 PM

The Royal Club Member
*********
All Stars
48,447 posts

Joined: Sep 2014
From: REality
very good if no hike for this year
cherroy
post Oct 2 2015, 10:55 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(Showtime747 @ Oct 2 2015, 10:51 PM)
When the trend is tight range bound, then play DCI. Good interest rate compare to your fund idling. 7 days also got  thumbup.gif
*
DCI is the darling place right now. thumbup.gif
Showtime747
post Oct 2 2015, 11:05 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(dreamer101 @ Oct 2 2015, 09:21 PM)
Folks,

Given that RM had dropped from 3.6 to 4.X since the beginning of the year, the ASx had lost their purchasing power even with 6+% dividend.  The question here is will ASx holder lose more than their dividend gain if they either stay in ASX or buy more ASx from NOW.  So, if the exchange rate hit 4.7/4.8 by year end, the ASX holder will lose more than their dividend.

Dreamer
*
Unker,

By shifting your "time frame" (ie "from now until end of year" to "from beginning of the year to year end"), you have made the comparison more to your advantage. Glad that you indirectly acknowledge time frame is important to make a comparison (and also prediction) and gives different outcome.

From here, the question will be : why you only compare from beginning of the year ? Why not extend further to year 2008 to now ? Or even from year 2000 to now ?

So, it is obvious that by setting different "time frame", the comparison of deposit rates and forex between USD vs RM will have very different results

That's why I say "time frame" is very important in prediction (and also comparison like yours above).



!@#$%^
post Oct 2 2015, 11:13 PM

Safe Trader
********
All Stars
17,499 posts

Joined: Feb 2006
From: KL
QUOTE(Showtime747 @ Oct 2 2015, 11:05 PM)
Unker,

By shifting your "time frame" (ie "from now until end of year" to "from beginning of the year to year end"), you have made the comparison more to your advantage. Glad that you indirectly acknowledge time frame is important to make a comparison (and also prediction) and gives different outcome.

From here, the question will be : why you only compare from beginning of the year ? Why not extend further to year 2008 to now ? Or even from year 2000 to now ?

So, it is obvious that by setting different "time frame", the comparison of deposit rates and forex between USD vs RM will have very different results

That's why I say "time frame" is very important in prediction (and also comparison like yours above).
*
he will say 'no more oil money!!!!'. lol
dreamer101
post Oct 2 2015, 11:18 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(Showtime747 @ Oct 2 2015, 11:05 PM)
Unker,

By shifting your "time frame" (ie "from now until end of year" to "from beginning of the year to year end"), you have made the comparison more to your advantage. Glad that you indirectly acknowledge time frame is important to make a comparison (and also prediction) and gives different outcome.

From here, the question will be : why you only compare from beginning of the year ? Why not extend further to year 2008 to now ? Or even from year 2000 to now ?

So, it is obvious that by setting different "time frame", the comparison of deposit rates and forex between USD vs RM will have very different results

That's why I say "time frame" is very important in prediction (and also comparison like yours above).
*
Showtime747,

The past is gone. So, let's see whether ASx holders are making a wise decision by staying in ASx between NOW and end of the year.

Dreamer
nexona88
post Oct 2 2015, 11:22 PM

The Royal Club Member
*********
All Stars
48,447 posts

Joined: Sep 2014
From: REality
QUOTE(dreamer101 @ Oct 2 2015, 11:18 PM)
Showtime747,

The past is gone.  So, let's see whether ASx holders are making a wise decision by staying in ASx between NOW and end of the year.

Dreamer
*
veli bad decision whistling.gif
AVFAN
post Oct 2 2015, 11:29 PM

20k VIP Club
*********
All Stars
24,454 posts

Joined: Nov 2010
QUOTE(cherroy @ Oct 2 2015, 10:37 PM)
The US job data announced today is pretty weak, that could send in the new trend for currency market for short term as well.

Treasuries is below 2% after the job data, that investors bet there may no hike at all for this year.

The slowdown global economy is starting taking its toll.

This is why I keep on emphasis that history has showed us, there is always unpredictable event may occur.
*
no rate hike is good also - sg reit prices will gain a couple of % next week.


hansel will miss bigtime! laugh.gif
SUSPink Spider
post Oct 2 2015, 11:31 PM

Formerly known as Prince_Hamsap
********
Senior Member
16,872 posts

Joined: Jun 2011


Wow, Pak Cik Bermimpi is here

*popcorn*
Showtime747
post Oct 2 2015, 11:32 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(dreamer101 @ Oct 2 2015, 11:18 PM)
Showtime747,

The past is gone.  So, let's see whether ASx holders are making a wise decision by staying in ASx between NOW and end of the year.

Dreamer
*
Unker,

I am surprised by you not making anymore excuses but keep your initial prediction.

Very gentlemanly thumbup.gif

Let see how it turns out. And see who is dummy tongue.gif
[Ancient]-XinG-
post Oct 2 2015, 11:32 PM

20k VIP club
*******
Senior Member
5,752 posts

Joined: Jan 2012
QUOTE(dreamer101 @ Oct 2 2015, 11:18 PM)
Showtime747,

The past is gone.  So, let's see whether ASx holders are making a wise decision by staying in ASx between NOW and end of the year.

Dreamer
*
LOL!

You should go to play a role in ruling gov la... like playing recording tape.


Ramjade
post Oct 2 2015, 11:36 PM

20k VIP Club
*********
All Stars
24,351 posts

Joined: Feb 2011


QUOTE(AVFAN @ Oct 2 2015, 11:29 PM)
no rate hike is good also - sg reit prices will gain a couple of % next week.
hansel will miss bigtime! laugh.gif
*
Hansel aiming for long term. So more units /SGD that he can buy.
AVFAN
post Oct 2 2015, 11:42 PM

20k VIP Club
*********
All Stars
24,454 posts

Joined: Nov 2010
QUOTE(Ramjade @ Oct 2 2015, 11:36 PM)
Hansel aiming for long term. So more units /SGD that he can buy.
*
no ler...

if no rate hike soon or indefinitely, usd will weaken.

sgd gets a little stronger, he'll get even less units with usd. tongue.gif


Showtime747
post Oct 2 2015, 11:43 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(AVFAN @ Oct 2 2015, 11:29 PM)
no rate hike is good also - sg reit prices will gain a couple of % next week.
hansel will miss bigtime! laugh.gif
*
Not necessary leh, boss.

Job market no good --> economy no good --> US stock market down --> SGX down

Job market no good --> Fed won't raise rates --> USD down --> Other currency including RM up
nexona88
post Oct 2 2015, 11:43 PM

The Royal Club Member
*********
All Stars
48,447 posts

Joined: Sep 2014
From: REality
if no hike for the year, all those foreigner money would come back? hmm.gif
AVFAN
post Oct 2 2015, 11:48 PM

20k VIP Club
*********
All Stars
24,454 posts

Joined: Nov 2010
QUOTE(Showtime747 @ Oct 2 2015, 11:43 PM)
Job market no good --> economy no good --> US stock market down --> SGX down
*
alternatively.... job market no good->no rate hike->stocks improve->sgx stocks also improve.

all reports say $ are still fleeing emerging markets.

where does the money go? us bonds, developed markets... sgx too? tongue.gif


dreamer101
post Oct 2 2015, 11:53 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(Showtime747 @ Oct 2 2015, 11:43 PM)
Not necessary leh, boss.

Job market no good --> economy no good --> US stock market down --> SGX down

Job market no good --> Fed won't raise rates --> USD down --> Other currency including RM up
*
Showtime747,

It is all relative.

USD may weaken. But, if RM weaken even more, RM may go down further against USD.

Please note that Malaysia economy and RM is highly dependent on Oil price. So, if US economy goes down, oil demand may go down further and put more downward pressure on oil price.

In any case, if a person invest the WHOLE WORLD, it would not matter.

Dreamer
nexona88
post Oct 2 2015, 11:56 PM

The Royal Club Member
*********
All Stars
48,447 posts

Joined: Sep 2014
From: REality
Malaysia is doomed because low oil money. MYR become banana currency.

but no worries, got dummies to "help" to "cover" the "hole" whistling.gif
TSwil-i-am
post Oct 2 2015, 11:58 PM

10k Club
********
Senior Member
10,001 posts

Joined: May 2013
Alredy finished 1/2 of my popcorn now
Showtime747
post Oct 3 2015, 12:09 AM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(AVFAN @ Oct 2 2015, 11:48 PM)
alternatively.... job market no good->no rate hike->stocks improve->sgx stocks also improve.

all reports say $ are still fleeing emerging markets.

where does the money go? us bonds, developed markets... sgx too? tongue.gif
*
You could be right tongue.gif

Conclusion : market is unpredictable laugh.gif
TSwil-i-am
post Oct 3 2015, 12:14 AM

10k Club
********
Senior Member
10,001 posts

Joined: May 2013
1 Oct 2015 16:10 UTC - 2 Oct 2015 16:10 UTC
USD/MYR close:4.45078 low:4.40827 high:4.45088

USD/MYR continue its uptrend despite poor job data

123 Pages « < 54 55 56 57 58 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.1000sec    0.28    6 queries    GZIP Disabled
Time is now: 8th December 2025 - 02:12 PM