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 USD/MYR drop, V2

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AVFAN
post Oct 9 2015, 06:39 PM

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QUOTE(AVFAN @ Oct 9 2015, 05:00 PM)
at this time, 1 is the prime driver. as i write, crude went from 49.90 to 50.18, rm goes from 4.17 to 4.13.
*
see?

crude 50.80, rm 4.11.
http://www.xe.com/currencycharts/?from=USD&to=MYR

if crude hits 52 by end of trade tonight, rm may get to 4.0 on monday.

This post has been edited by AVFAN: Oct 9 2015, 06:39 PM
nexona88
post Oct 9 2015, 06:39 PM

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QUOTE(yck1987 @ Oct 9 2015, 06:23 PM)
That's why still keeping USD better imo.
*
cannot keep all in USD. needed to diversify too sweat.gif
AVFAN
post Oct 9 2015, 06:46 PM

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QUOTE(nexona88 @ Oct 9 2015, 06:39 PM)
cannot keep all in USD. needed to diversify too  sweat.gif
*
yes, do keep in rm, usd, sgd, euro, gbp, aud,.

heck, even rupiah and roubles! laugh.gif

seriously, no nation can escape global forces.

be international or we all go to rot.
nexona88
post Oct 9 2015, 06:49 PM

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QUOTE(AVFAN @ Oct 9 2015, 06:46 PM)
yes, do keep in rm, usd, sgd, euro, gbp, aud,.

heck, even rupiah and roubles! laugh.gif

seriously, no nation can escape global forces.

be international or we all go to rot.
*
sarcasm is very strong whistling.gif
TSwil-i-am
post Oct 9 2015, 06:51 PM

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QUOTE(AVFAN @ Oct 9 2015, 06:46 PM)
yes, do keep in rm, usd, sgd, euro, gbp, aud,.

heck, even rupiah and roubles! laugh.gif

seriously, no nation can escape global forces.

be international or we all go to rot.
*
Did u short USD?
AVFAN
post Oct 9 2015, 06:56 PM

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QUOTE(wil-i-am @ Oct 9 2015, 06:51 PM)
Did u short USD?
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no, i stay put, do nothing new.

i like to think i am quite balanced ok for now.

usd lose 5%... sgd reits gain 6%.

and i hv rm too!

TSwil-i-am
post Oct 9 2015, 07:02 PM

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BNM revokes permission, wants 1MDB to repatriate US$1.83b back to Malaysia
http://www.nst.com.my/news/2015/10/bnm-rev...b-back-malaysia

Further upside for MYR?
Showtime747
post Oct 9 2015, 07:24 PM

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QUOTE(wil-i-am @ Oct 9 2015, 07:02 PM)
BNM revokes permission, wants 1MDB to repatriate US$1.83b back to Malaysia
http://www.nst.com.my/news/2015/10/bnm-rev...b-back-malaysia

Further upside for MYR?
*
US$1.83b to be converted to RM (assuming the money is still in 1MDB account). So RM will be going up again !

QUOTE
It also issued a directive under the Financial Services Act 2013 to 1MDB to return the US$1.83bil to Malaysia and submit a plan to the Bank for this purpose.

Ramjade
post Oct 9 2015, 07:29 PM

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QUOTE(Showtime747 @ Oct 9 2015, 07:24 PM)
US$1.83b to be converted to RM (assuming the money is still in 1MDB account). So RM will be going up again !
*
But if 1MBDB come put with excuse, talk and talk, RM will tank again, no action.
Showtime747
post Oct 9 2015, 07:36 PM

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QUOTE(Ramjade @ Oct 9 2015, 07:29 PM)
But if 1MBDB come put with excuse, talk and talk, RM will tank again, no action.
*
Maybe they have already planned, and now implementing the plots according to the rumour tongue.gif

All about dollar and cent. If RM can appreciate 25% back to previous level, the US$11b will be worth RM2.75b extra to them
Ramjade
post Oct 9 2015, 07:39 PM

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QUOTE(Showtime747 @ Oct 9 2015, 07:36 PM)
Maybe they have already planned, and now implementing the plots according to the rumour  tongue.gif

All about dollar and cent. If RM can appreciate 25% back to previous level, the US$11b will be worth RM2.75b extra to them
*
You meant depreciate as when RM depreciate against the USD, 1 USD can change for more RM.
Showtime747
post Oct 9 2015, 07:46 PM

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QUOTE(Ramjade @ Oct 9 2015, 07:39 PM)
You meant depreciate as when RM depreciate against the USD, 1 USD can change for more RM.
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I was being sarcastic, bro tongue.gif
nexona88
post Oct 9 2015, 08:40 PM

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1.00 USD = 4.11910 MYR

1.00 SGD = 2.95089 MYR

1.00 GBP = 6.31526 MYR
TSwil-i-am
post Oct 9 2015, 09:35 PM

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USD/MYR is plotting n shape now brows.gif
SUSWhoCaresMyName
post Oct 9 2015, 10:23 PM

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http://www.investing.com/quotes/single-currency-crosses

switch to myr and click performance

myr almost win all currencies except russian ruble, indonesian rupiah.




drake88
post Oct 9 2015, 10:30 PM

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Once everyone is expecting MYR to drop to 4.5 by end of this year. Many ppl give research .. graph and all kind of projection/news.

one sharp plunge ... everyone will give new new projection and story again tongue.gif
!@#$%^
post Oct 9 2015, 10:32 PM

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QUOTE(drake88 @ Oct 9 2015, 10:30 PM)
Once everyone is expecting MYR to drop to 4.5 by end of this year. Many ppl give research .. graph and all kind of projection/news.

one sharp plunge ... everyone will give new new projection and story again tongue.gif
*
well, these are all predictions only. if so easy to predict, then all these fellas gonna be rich in no time.
nexona88
post Oct 10 2015, 12:12 AM

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QUOTE(alexanderclz @ Oct 9 2015, 10:32 PM)
well, these are all predictions only. if so easy to predict, then all these fellas gonna be rich in no time.
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give u 1 like rclxms.gif

no one know what gonna happen flex.gif
TSwil-i-am
post Oct 10 2015, 06:38 AM

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What is the direction of USD/MYR next week?
[Ancient]-XinG-
post Oct 10 2015, 07:20 AM

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QUOTE(drake88 @ Oct 9 2015, 10:30 PM)
Once everyone is expecting MYR to drop to 4.5 by end of this year. Many ppl give research .. graph and all kind of projection/news.

one sharp plunge ... everyone will give new new projection and story again tongue.gif
*
and one person is missing again

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