it has been 1 yr of delayed action but it stays strong - due to market expectations it will happen sooner or later.

first hike will probably be a muted event for equities and currencies since all are well prepared by now. still, prices of commodities in usd will surely drop a bit more.

if there is 1st hike, impt to watch is the comments that follow - hawkish or dovish for 2nd hike.

Even for the first hike, Fed seems like indecisive, so likely the second hike will be distance away, I don't see this Fed is a hawkish camp.

Expect continued currency volatility
http://www.focusmalaysia.my/Markets/Expect...cy%20volatility

Still room for trading

They will hike as it is 'expected' of them. a token of 25 points perhaps.

I was talking about the hike further down the road, aka "second hike".

I guess they will hike 0.25% in the coming meeting, but pause from there.

4.265.

RM no more power. Possibly above 4.30 again next week.

All gud news have released n now back to reality

USD/MYR close:4.26405 low:4.21200 high:4.27150

as dec 16 nears, very hard for rm to appr against usd.

more so when crude slips back to 42 again.

will need some real magic to make it happen.

Did u buy some USD for the ride?

no, i was waiting for <4.20, did not happen.

Just miss d boat

really unpredictable

people target 4.50, never reach but instead went towards 4.20

when people target 4.20 & below, instead went back towards 4.30

+1
from 4.20 now 4.269

MYR could b heading to 4.30 level next week as WTI Crude Oil tank 1.33 or 3.09% to USD41.71

USD/MYR close:4.26750 low:4.23250 high:4.27151

which banks in malaysia charges the lowest transaction fees for using a foreign currency account?

Managed to convert a batch of MYR into the SGD last Friday at 1 SGD = 3 RM. More ammo accumulated for the SGD warchest and ready to take advantage of further plunge in the STI.

good strategy

I waiting for your indicator