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 USD/MYR drop, V2

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MR_alien
post Oct 7 2015, 04:44 PM

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noon still 4.3
thn suddenly i saw 4.22
now even lower....drastic drop and its MYR strengthen...because SGD drop as well
i wonder how far can it go
MR_alien
post Oct 20 2015, 11:58 AM

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QUOTE(KTCY @ Oct 19 2015, 10:17 PM)
was decreasing against USD tho tongue.gif
*
increasing
last week 1.4SGD to 1 USD
today 1.39SGD to 1 USD
MR_alien
post Nov 3 2015, 09:49 AM

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the rate fluctuation is quite big but its stable between 4.2-4.3
MR_alien
post Nov 19 2015, 02:20 PM

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sudden drop this morning to 4.35
thn now 4.32
MR_alien
post Nov 20 2015, 01:24 PM

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if u ask me..the movement is way too big to be a normal day ups and down
but i like it..i need USD
SGD also now 3.01
MR_alien
post Nov 20 2015, 02:29 PM

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QUOTE(wil-i-am @ Nov 20 2015, 02:13 PM)
Just met my fren who is a money changer
He is struggling right now coz he have unrealized losses due to open position
*
lol..same with fellow petrol station owner?
earn so much for the 1st 6-7 month when USD rocket
now drop a little already bising laugh.gif
MR_alien
post Nov 20 2015, 02:49 PM

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QUOTE(wil-i-am @ Nov 20 2015, 02:37 PM)
Different as money changer hold a basket of currencies
*
still...just started...business is still business
when US rally...a couple currency also go up...profit also good
now MYR only go up 2nd day..already scream loses??
a business that cannot sustain 2 days losses but can enjoy 6 months of profit...the owner need to look into his spending laugh.gif
if MYR keeps rising for the next 3 month thn only complain..but 2 days brows.gif
MR_alien
post Nov 20 2015, 02:55 PM

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QUOTE(wil-i-am @ Nov 20 2015, 02:53 PM)
I supposed u dunno much on money changing activities
1 day losses could wipe out entire yr profits
*
if its like that thn why do so many still wanna be money changer
and yet..why didn't i see any closing down tongue.gif
MR_alien
post Nov 20 2015, 03:02 PM

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QUOTE(wil-i-am @ Nov 20 2015, 02:59 PM)
R u sure 'so many'?
In fact, there r a lot of mergers on-going right now to boost the MCF to meet BNM requirement
*
yes...all over KL city center
even at sabah...every shopping center also got at least 1-2...popular one will have 5-6 money changers inside
not 1 was closed down before laugh.gif
if u ask me, in this case...its call business nature..thats the risk they have to bear with in this business because they can't control it
MR_alien
post Nov 25 2015, 08:06 AM

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no need to wait..its here
1USD = 4.2125 MYR
But
1SGD is still 2.99 MYR though..didn't move
MR_alien
post Nov 25 2015, 08:55 AM

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QUOTE(wil-i-am @ Nov 25 2015, 08:17 AM)
24 Nov 2015 00:10 UTC - 25 Nov 2015 00:14 UTC
USD/MYR close:4.20861 low:4.20861 high:4.28762

Gonna break 4.20 soon
*
BROKEN
4.1925 flex.gif
MR_alien
post Nov 25 2015, 09:16 AM

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QUOTE(wil-i-am @ Nov 25 2015, 09:12 AM)
Next support at 4.175
*
theres gonna be a thread in kopitiam soon
called kenapa tak puji kerajaan ringgit naik laugh.gif
MR_alien
post Nov 25 2015, 02:19 PM

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buy it part by part
average it..instead of lum sump
MR_alien
post Nov 28 2015, 08:07 AM

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QUOTE(nexona88 @ Nov 28 2015, 12:14 AM)
really unpredictable  blush.gif

people target 4.50, never reach but instead went towards 4.20

when people target 4.20 & below,  instead went  back towards 4.30 shakehead.gif
*
+1
from 4.20 now 4.269 hmm.gif hmm.gif
MR_alien
post Dec 1 2015, 10:34 AM

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MYRUSD is back again...now 4.23
MR_alien
post Dec 1 2015, 01:01 PM

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QUOTE(wil-i-am @ Dec 1 2015, 11:59 AM)
Now around 4.2414
*
not 4.237?
MR_alien
post Dec 2 2015, 09:12 AM

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QUOTE(prophetjul @ Dec 2 2015, 08:23 AM)
Yeah

It appears that Aus economy is performing better than expectation.
The rate for AUD/USD is now 0.733
*
so change AUD is better than SGD?

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