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 USD/MYR drop, V2

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TSwil-i-am
post Sep 14 2015, 01:13 PM

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QUOTE(Sarah Jessica @ Sep 14 2015, 01:12 PM)
Which place offer the best exchange rate in KL?
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Ppl said MV
TSwil-i-am
post Sep 14 2015, 05:56 PM

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QUOTE(AVFAN @ Sep 14 2015, 05:52 PM)
we'll see if this valuecap will be able to keep prices high or simply allow foreigners to get out at better prices.

seems no effect on rm today.

notice epf is in there? sweat.gif
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It's artificial for me
How long can Valuecap support if foreigners and/or local boys r selling
TSwil-i-am
post Sep 14 2015, 06:03 PM

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QUOTE(yck1987 @ Sep 14 2015, 06:02 PM)
No effect on rm yet but Bursa had late rally 2.25% after the announcement?
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Time to press Sell button tmrw?
TSwil-i-am
post Sep 14 2015, 06:17 PM

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QUOTE(AVFAN @ Sep 14 2015, 06:12 PM)
here, more news on "economic measures"
about foreign workers, didn't dpm promised 1.5 more banglas in next 3 yrs?
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How v can implement infrastructure projects namely LRT n MRT if tis group of workers is not available
TSwil-i-am
post Sep 14 2015, 08:59 PM

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QUOTE(anudora @ Sep 14 2015, 08:22 PM)
OMG!!! EPF inside.....my money!!!!!!!
Really prop up something at the expense of the people!
My hope did not come true.
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Incorrect as Valuecap is equally owned by Khazanah Nasional Berhad, Kumpulan Wang Persaraan (Diperbadankan) and Permodalan Nasional Berhad
TSwil-i-am
post Sep 14 2015, 09:27 PM

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QUOTE(AVFAN @ Sep 14 2015, 09:23 PM)
never will there be a cut in the budgets for civil service, pm's dept, defense equipment, br1m, etc.
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Nvr cut on bonus to civil servants too as a lot of private sector(s) freeze increment n bonus
TSwil-i-am
post Sep 15 2015, 09:57 AM

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Despite RM20 bil initiative by Valuecap, USD/MYR remains static around 4.3050
TSwil-i-am
post Sep 15 2015, 02:39 PM

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QUOTE(AVFAN @ Sep 15 2015, 02:32 PM)
4.3145
http://www.bloomberg.com/quote/USDMYR:CUR
but bernama claims success...
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M'sian have a short memory
After holiday, biz as usual as BNM will announce reserves @ 15/9 on 22/9
TSwil-i-am
post Sep 16 2015, 11:59 AM

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USD/MYR appreciates close to 1% to 4.2613 right now
TSwil-i-am
post Sep 16 2015, 07:44 PM

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QUOTE(Arvinaaaaa @ Sep 16 2015, 07:02 PM)
its getting better right.but slight difference only
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I wud opined traders have factor-in 'worst case' scenario b4 the Rally
However, biz as usual after Rally ended
Thus, traders cover position ASAP
TSwil-i-am
post Sep 16 2015, 07:55 PM

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ValueCap's funds will soften decline, not trigger boom
http://www.malaysiakini.com/news/312524

The uptrend experienced by Bursa 2 days ago will fizzled out?
TSwil-i-am
post Sep 16 2015, 08:56 PM

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QUOTE(MGM @ Sep 16 2015, 08:01 PM)
But the 20b has not even been deployed yet.
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Precisely
How long can the momentum last as the uptrend is supported by artificial monies

QUOTE(aeiou228 @ Sep 16 2015, 08:16 PM)
I guess so.
Wahid said the 20b come from the three owners of valuecap, if the market shore up is a failure, better reassess your investment in ASX.
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ASx is a different species on its own
ASNB will use the 12 ASx within the family members to buy n sell so tat Report Card looks gud during exam
TSwil-i-am
post Sep 17 2015, 12:15 AM

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QUOTE(kEITh_22b @ Sep 16 2015, 11:51 PM)
Was just thinking of going to the money changer earlier today to exchange some of my SGD to MYR, but decided to procrastinate till tomorrow... I was already having the feeling earlier today that the MYR will start to strengthen from today...

---
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Yo sixth sense very sharp tongue.gif
TSwil-i-am
post Sep 17 2015, 12:29 AM

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QUOTE(netmask8 @ Sep 16 2015, 11:34 PM)
Crude oil skyrocket more than 5.5% ..  https://m.youtube.com/watch?v=IDdtPUlJtc0
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Dead cat bounce? hmm.gif
TSwil-i-am
post Sep 17 2015, 01:59 PM

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In fact, USD/MYR strengthen from 4.3060 on 15/9 to 4.2585 now
TSwil-i-am
post Sep 17 2015, 09:39 PM

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Invaluable advise from Governor to youngsters rclxms.gif
TSwil-i-am
post Sep 18 2015, 06:34 AM

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QUOTE(AVFAN @ Sep 18 2015, 01:03 AM)
and what sectors will be the "saviors"? palm oil does not look like it.
oil and gas will certainly not be it given latest analysis from opec and goldman:
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M'sia will ride thru via GST? hmm.gif

TSwil-i-am
post Sep 18 2015, 06:35 AM

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Federal Reserve kept its benchmark interest rate unchanged on Thursday
TSwil-i-am
post Sep 20 2015, 04:45 PM

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Some SGD centric UT funds r performing well lately
TSwil-i-am
post Sep 21 2015, 02:17 PM

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All Asia Pacific currencies depreciated today
However, our MYR leading the depreciation with 1.48% to 4.2587
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