fed hike or not hike... looking very much like earliest to happen is dec 2015, if at all.

for now, crude price's driving em currencies.

crude hanging on to 49-50, appears to be in a precarious position, neither clearly going up nor clearly going down.

and there is budget to watch on oct 23.

against a backdrop of bijan chronicles still much in play

with all that, any argument for rm appr or depr or flat or simply nut case is valid with some support.

whatever, i think it is best not to take excessive risk, stay balanced.

11 oct rite?

i will rather watch crude price as a guide where the usd/rm will go.

Oil money looks like the single biggest determinant of RM direction now. If it increases to $60 by end of November, RM could very well breach the resistance of 4.00. If a Russian missile mis-fires into one of the oil well in Iraq or Iran, then $80, $100 also a possibility.

Then unker's prediction of 4.7/4.8 by year end is colder than water

There is a big 'wrench to this observation', though. IF the 'no-confidence vote' against the PM is successful in mid-October, then the MYR will decouple against the crude price and strengthens further.

Foreign investors will feel good or not?

You sounds like unker liao. While unker put no time frame, you put every possible factors that affect RM movement. Both of you will never go wrong 

same priciple applied. diversify your answer. so that 1 go wrong, d others can soften the blow. 

opec and hedge funds are, so far.

goldman is not.

latest, iea is not.

so, all is unclear - that's a certainty.

china WILL devalue again if its exports and stock market get worse further.

and...UK economy falls into deflation in September (heck, and we're inflating too much - gst, toll hikes, rm depr... )

crude now <47, rm likely to go >4.20 tmrw.

Locked in some USD today at 4.16

It looks like RM recovery is together with the rest of the currencies. Many (or all?) are trading against the USD.

Thread becomes cold 

Maybe people feel it is not a threat anymore and RM will improve ?

if Friday budget nothing good, I guess Monday will be red and shoot up USD/MYR again