very good if no hike for this year
USD/MYR drop, V2
USD/MYR drop, V2
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Oct 2 2015, 10:53 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
very good if no hike for this year
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Oct 2 2015, 10:55 PM
Show posts by this member only | IPv6 | Post
#1102
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
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Oct 2 2015, 11:05 PM
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Senior Member
4,258 posts Joined: Nov 2012 |
QUOTE(dreamer101 @ Oct 2 2015, 09:21 PM) Folks, Unker,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 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). |
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Oct 2 2015, 11:13 PM
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All Stars
17,499 posts Joined: Feb 2006 From: KL |
QUOTE(Showtime747 @ Oct 2 2015, 11:05 PM) Unker, he will say 'no more oil money!!!!'. lolBy 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). |
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Oct 2 2015, 11:18 PM
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Elite
15,855 posts Joined: Jan 2003 |
QUOTE(Showtime747 @ Oct 2 2015, 11:05 PM) Unker, Showtime747,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). 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 |
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Oct 2 2015, 11:22 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
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Oct 2 2015, 11:29 PM
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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. no rate hike is good also - sg reit prices will gain a couple of % next week.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. hansel will miss bigtime! |
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Oct 2 2015, 11:31 PM
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Senior Member
16,872 posts Joined: Jun 2011 |
Wow, Pak Cik Bermimpi is here
*popcorn* |
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Oct 2 2015, 11:32 PM
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Senior Member
4,258 posts Joined: Nov 2012 |
QUOTE(dreamer101 @ Oct 2 2015, 11:18 PM) Showtime747, Unker,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 I am surprised by you not making anymore excuses but keep your initial prediction. Very gentlemanly Let see how it turns out. And see who is dummy |
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Oct 2 2015, 11:32 PM
Show posts by this member only | IPv6 | Post
#1110
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Senior Member
5,752 posts Joined: Jan 2012 |
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Oct 2 2015, 11:36 PM
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All Stars
24,351 posts Joined: Feb 2011 |
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Oct 2 2015, 11:42 PM
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All Stars
24,454 posts Joined: Nov 2010 |
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Oct 2 2015, 11:43 PM
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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. Not necessary leh, boss. hansel will miss bigtime! 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 |
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Oct 2 2015, 11:43 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
if no hike for the year, all those foreigner money would come back?
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Oct 2 2015, 11:48 PM
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All Stars
24,454 posts Joined: Nov 2010 |
QUOTE(Showtime747 @ Oct 2 2015, 11:43 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? |
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Oct 2 2015, 11:53 PM
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Elite
15,855 posts Joined: Jan 2003 |
QUOTE(Showtime747 @ Oct 2 2015, 11:43 PM) Not necessary leh, boss. Showtime747,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 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 |
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Oct 2 2015, 11:56 PM
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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" |
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Oct 2 2015, 11:58 PM
Show posts by this member only | IPv6 | Post
#1118
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Senior Member
10,001 posts Joined: May 2013 |
Alredy finished 1/2 of my popcorn now
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Oct 3 2015, 12:09 AM
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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. You could be right all reports say $ are still fleeing emerging markets. where does the money go? us bonds, developed markets... sgx too? Conclusion : market is unpredictable |
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Oct 3 2015, 12:14 AM
Show posts by this member only | IPv6 | Post
#1120
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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 |
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