Unker, the TPPA/RM thing is your own conspiracy theory or there are some good articles you read about ?

Why only RM appreciate so much while the other 10 TPPA currencies do not enjoy the "benefits" ? And Indonesia is not part of the TPPA but also enjoyed the "benefits" ?

RM appreciate the most. Indonesia second. Indonesian is not a part of the pact. From USD point of view, it is more towards the interpretation of the minutes of FOMC meeting being made public than TPPA.

Just wonder why do you think USA depreciation is a "benefit" to other countries in TPPA ? In what way does the depreciation help the other countries ?





TPPA takes time to sign. Before that, oil price, 2016 budget, political development and economic numbers in malaysia, china+USA news and annoucement (especially from FED) will affect the direction of RM ahead of the signing

High AUD and NZD is not good for commodity export economies like them.

I don't think TPPA has such immediate effect on the currency. You MAY have over-analysed

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

Yes, in short term FED looks like not moving, and leave it to commodity prices.

Just a few days, the outlook is different already. Very interesting !

Like that forever no winner or loser liao

The finish line is set - end of the year

RM3.80 ?

Too good to be true....

If oil $100 and bijan issue is solved, then RM3.00 ?

In bijan-1, RM was even RM2.9xxx. But that was QE time....

A lot of uncertainty now. No clear direction as any time news appear can change the course. The opinion in this thread alone is diverse.

Nobody knows the causes that set the ups or downs of RM. Its like gambling now. Even inaction is a gamble now

Huh ?

It is a fact that the 11b/42b company has a bearing on the direction of RM. Even Zeti acknowledged it. Bijan's saga causes forex reserves to come down is a fact also. Even some minister mention "trust deficit"

Politics is very difficult to be separated from national financing issue like RM depreciation. If no details is given, then the discussion may not be clear and meaningful

If it can be mentioned in RWI, it should be able to mention it here as long as it is related to the title of the thread

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

http://www.bloomberg.com/news/articles/201...later-this-year

A new piece of news emerge and US$ outlook will turn again. Today stock market will be down also ?

If "some hands" are involved for TPPA, then he should be keeping quiet.

Seems like true, but for an optimist,

AUD is good when China recovers
SGD is good because they have inflation to worry if SGD too low, so they can't devalue too low
Yuan will be better than RM as when Yuan devalue, RM will follow too. Yuan cannot be worse than RM
Euro is good as now no more crisis like Grexit and they are recovering slowly. GBP is having low unemployment
EM has the potential when commodities recover, like oil now
Gold is good if US and Russia clashes in Middle East, like Afganistan in the 80s
Equity market for USA will soar when U.S. increase rates - proof that their economy is good
And RM is good too when the political noises in the countries are solved

Depends on how an individual investors see the future

Can solve the lose-lose situation. In order not to lose now, he has to pick a position and gamble. No position now is not a strategy. Volatile market actually means opportunity

Ya, SGD, USD, GBP, EUR, JPY is the less riskier ones, although still a gamble.

I still see 2 long long Q at LG mid valley money changer be it RM stronger or weaker. The money changer must be having at least RM10m turnover a day. People still switching to forex. They are taking position and feel better with "diversification", although I doubt their amount is big. But still a move is better than none

Many people asked me the same question when RM broke the historical 3.80 a few months ago

Thread becomes cold

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

I think people are reactive to crisis, rather than proactive. Now that RM shows some strength, they thought the crisis is over and problem solved

I think now market waiting for fresh leads. Many people wait and see. Including myself

Read somewhere budget 2016 going to increase tax ? (cannot find where I read already...)

Looks like the current level 4.20-4.30 is stable, no more exodus of foreign funds and already factoring in the domestic political issues and economic fundamentals

Only oil price will have the short term effect on RM. And budget this Friday should be positive for the RM. Until the FED interest rate threat resurface

Could be back down to 4.00 or even 3.xx if political issues are resolved by year end and FED's direction is no more an uncertainty.

Unker's prediction 4.7-4.8 looks vulnerable now...