courtesy of showtime747's post on 23 aug 2015, i repost figures for 24 aug 2014 to 23 aug 2015, i.e. 1 yr.

i hv added by the side the approx 1 month changes - sep 3 to oct 2:

source:http://www.xe.com/currencycharts/?from=MYR&to=RUB&view=1M

MYR/USD -31.8% -3.9%
MYR/HKD -31.8% -3.9%
MYR/RMB -26.9% -4.0%
MYR/GBP -25.1% -3.4%
MYR/TWD -21.0% -3.3%
MYR/THB -18.1% -2.5%
MYR/SGD -17.1% -3.2%
MYR/JPY -12.3% -4.3%
MYR/KRW -12.5% -5.6%
MYR/Eur -12.6% -3.9%
MYR/IDR -10.7% -0.2%
MYR/CAD -10.3% -4.7%
MYR/NZD -4.5% -5.5%
MYR/AUD -3.6% -4.7%
MYR/RUB +45.1% -6.1%
if one was reading those data on 23 aug and decided to do some fx thing, just about any major currency will have gained in just one month, except for indon rupiah.

rm continues to be the weakest currency on that list of most popular currencies for msian biz or personal activities.

clearly, the statement, "it's the strong usd, other currencies also very weak" does not hold water for this list.

here we are, data for you, up to you how to interpret, do something or do nothing.

i'll add full month oct changes in early nov.

Numbers speak. It is up to individual to act on the opportunities.

3%-6% a month is a very high return, but risk is also high. Only for the bold 

courtesy of showtime747's post on 23 aug 2015, i repost figures for 24 aug 2014 to 23 aug 2015, i.e. 1 yr.

i hv added by the side the approx 1 month changes - sep 3 to oct 2:

source:http://www.xe.com/currencycharts/?from=MYR&to=RUB&view=1M

MYR/USD -31.8% -3.9%
MYR/HKD -31.8% -3.9%
MYR/RMB -26.9% -4.0%
MYR/GBP -25.1% -3.4%
MYR/TWD -21.0% -3.3%
MYR/THB -18.1% -2.5%
MYR/SGD -17.1% -3.2%
MYR/JPY -12.3% -4.3%
MYR/KRW -12.5% -5.6%
MYR/Eur -12.6% -3.9%
MYR/IDR -10.7% -0.2%
MYR/CAD -10.3% -4.7%
MYR/NZD -4.5% -5.5%
MYR/AUD -3.6% -4.7%
MYR/RUB +45.1% -6.1%
if one was reading those data on 23 aug and decided to do some fx thing, just about any major currency will have gained in just one month, except for indon rupiah.

rm continues to be the weakest currency on that list of most popular currencies for msian biz or personal activities.

clearly, the statement, "it's the strong usd, other currencies also very weak" does not hold water for this list.

here we are, data for you, up to you how to interpret, do something or do nothing.

i'll add full month oct changes in early nov.

http://www.thestar.com.my/Business/Busines...oint/?style=biz

<< No major sell-off

There were reports of a major sell-off taking place on Wednesday, as RM11bil worth of Government papers came up for renewal. But it did not happen.>>

Folks,

As per my understanding, that 11 billions MGS were taken up by local funds.  Not the foreigner.  Does anyone has information on that??

Thanks.

Dreamer

Are you going to buy more USD or myr on Monday?

The difference between a successful investor and a fail one is the ability to identify opportunities and be ready to seize them. Of course some elements of risk is involved. No free lunch.

I experienced the AFC "the 1st RM depreciation disaster" in 97/98. I did not take up the opportunities then, solely because of my business which was unprepared and affected badly. I was caught by surprise. This round, I was much better prepared.

Whatever is happening to our RM and other currencies as we speak now is something huge and a phenomenon. If you think this 20 years once event is just a regular event, you are destined to be ordinary.

I expect the whole episode of this significant historical event to continue. The apex is yet to unfold. More to come.

In year 2035, When your children grow up and ask you what happened to the "2nd RM depreciation disaster" 20 years ago ? You can merely tell them to google and read in Wikipedia. For those who seized the opportunities, they can tell their real life experience and how they make (or lose) money. Much more interesting stories and real life experience which you could pass on to your children for learning

If you have not done something, or still cannot see the opportunities, you should start looking

Do you remember what happened when the currency started appreciating?

What do you mean ?

You were old enough after the peg was lifted to see the effect on local business? in fact what happened to companies that did business in foreign currencies when the peg was implemented?

Looks like another troll to me 

Unker,

On Wednesday, RM unusually appreciated to 4.39xx. It could be some inflow of funds for this take up. Maybe there are still some foreign funds subscribing to the MGS at such attractive yield of ~4.5%. Other possible reasons are illustrated in the article. No mention of local funds like EPF/PNB

Showtime747,

On Wednesday aka 09/30, USA government was on the threat of being shut down due to budget fight.  So, USD went down against all currencies.  It is probably unrelated to MGS.

Dreamer

Goldman Has 40 Stocks You Should Buy and 40 You Should Sell
http://www.bloomberg.com/news/articles/201...you-should-sell

USD to trend down ?

http://www.bloomberg.com/news/articles/201...ans-weak-dollar

Employment data is an indicator market look at.

I still believe USD on up trend, are you going to sell USD for myr tomorrow?

USD to trend down ?

http://www.bloomberg.com/news/articles/201...ans-weak-dollar

US job data is pretty weak and Fed may shelf off the hike this year.

Treasuries was below 2% speaks all the story.

History always shows us whenever there is mass crowded trade area, better be cautious.
No single asset class booming forever.
Boom and burst (up and down) is always cyclical.

Previously
Banking stocks (prior before 2008)
Oil boom
Gold
Next is? USD?
Yes USD should have some strength left, but we don't know what will happen beyond then.

For long term investment, always beware of crowded trade area

with latest dev, chances are usd will trend down until there is more news.

i take cue from statement below - euro and yen (and pound and swiss franc) will gain.

but rm, rmb, rupiah... will likely be flat until bigger news emerges.

i will not do rm->usd now but will not do usd->rm either.

rm->sgd still can, i think. i dun see mas doing much easing.

"Emerging markets are going nowhere and Europe and Japan are appreciating."

Looks like another troll to me