The market already started to price in the hike after better than expected job data which may prompt Fed to raise.

It won't wait until the day of Fed announcement of the hike, only it moves.

1.00 USD = 4.36278 MYR

Syukur? We didn't hit 4.40?

USD did not rise as much as anticipated despite the higher probability of rates increase in December. Maybe Aunty has cried wolf too many times until market is skeptical about her decisiveness ?

My guess it's already priced in until the actual raising

Could be. But if we look at USD/Eur, USD/GBP or USD/JPY during 1 year peak in Mar/Apr, it is still lower now.

But as much as I can "justify/reasoning out", most of the time market has its own unpredictable trend

crude has gone further down to 43.70. iea sees low price till 2020:
http://www.cnbc.com/2015/11/10/oil-price-t...y-2020-iea.html

with crude not recovering anytime soon, deflation risks will roil fed's plan to hike in dec.

so, we may have a case of low oil price but no rate hike for months to come.

where will rm go then? still down, i suppose. 4.3-4.4?

Ya, still so much uncertainty on what is going to happen now till Dec. Market can only "price in" to a certain level, because there are people who still gamble rates could not be hiked this year. I still think "pricing in" is not possible now because of our Aunty's past behaviour. A December hike is still a surprise to half of the market and will rattle stock and bond markets with the formal announcement.

Unker Dreamer TP of 4.70 year end would be achieved or not

If I don't put in my signature, everyone forget already

I think unker will lose. Because unty will not increase rates. ASx people is not dumb after all. In fact if RM stay below 4.40, it was a good decision not to convert to USD at that time

seriously I forgot all about it. then I saw your siggny

let's try this:

TODAY.

if u have rm50k, will u buy usd (zero int) at 4.38?

or put in asx or fd or bursa or something else but local?

I'm doing the opposite. Today i just transferred usd10k back to malaysia. Probably after conversion i will get RM43600 only. Going to dump into asw/asm soon. Maybe i am dummy.

..

you will not have answer until a year pass.

I will standby u

asw very susah / limited.. asm kinda okay for now to get

No problem, if cannot get ASx, i'll just dump into EPF. i dun need the money right now...


..

never say never...

all it takes is a fed rate hike in dec followed by crude price return to previous low of 35.

bijanomics already declared "dun blame me, blame external".

will low reserves, high debt, budget deficit, slow gdp... rm is pretty much a sitting duck, at the mercy of external, our gomen, bnm basically will/can do nothing about it.

unlike thai baht or sgd.

okay. let's wait for it

btw where is unker D. long time no see him reply

Maybe go Holland. Lol

Neither. I will convert to SGD and transfer to Singapore and put in SGX when those bank stock/telco/reits fall further