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 USD/MYR drop, v3

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Showtime747
post Mar 24 2016, 06:40 AM

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QUOTE(Hansel @ Mar 23 2016, 11:02 PM)
This is my strategy. And whenever I sense that the USD has strengthened against the SGD and the USD,... I will always buy more of the SGD and the USD. In the long run,... I am bullish on the SGD and the USD against the MYR.
*
thumbup.gif thumbup.gif

Great minds think alike ? biggrin.gif
Ramjade
post Mar 24 2016, 07:58 AM

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QUOTE(nexona88 @ Mar 23 2016, 10:02 PM)
lol went back to 4.01 doh.gif
*
RM have no strength to maintain at level <4.0? sad.gif

This post has been edited by Ramjade: Mar 24 2016, 07:59 AM
Nauts
post Mar 24 2016, 08:18 AM

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WTI Crude -0.26
39.53 -0.65%


Brent Crude -1.32
40.47 -3.16%


Oil drops

Hansel
post Mar 24 2016, 08:59 AM

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QUOTE(Showtime747 @ Mar 24 2016, 06:40 AM)
thumbup.gif  thumbup.gif

Great minds think alike ?  biggrin.gif
*
smile.gif
nexona88
post Mar 24 2016, 09:36 AM

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QUOTE(dwin95 @ Mar 23 2016, 11:58 PM)
convert to USD?
*
yeah rclxm9.gif
Ramjade
post Mar 24 2016, 09:52 AM

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QUOTE(nexona88 @ Mar 24 2016, 09:36 AM)
yeah rclxm9.gif
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Money changer or via banks and hold DCA?
nexona88
post Mar 24 2016, 10:12 AM

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QUOTE(Ramjade @ Mar 24 2016, 09:52 AM)
Money changer or via banks and hold DCA?
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money changer.. Keep some, balance gonna use for upcoming holidays blush.gif
TSwil-i-am
post Mar 24 2016, 11:19 AM

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1MDB power assets sale a done deal
http://www.nst.com.my/news/2016/03/134578/...-sale-done-deal

Tis news assist MYR to appreciate since last week
TSwil-i-am
post Mar 24 2016, 11:28 AM

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Ringgit likely to maintain rally - Johari
http://www.thestar.com.my/business/busines...ly-says-johari/

Continue to short USD...
SUSXnet
post Mar 24 2016, 12:03 PM

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QUOTE(wil-i-am @ Mar 24 2016, 11:28 AM)
Ringgit likely to maintain rally - Johari
http://www.thestar.com.my/business/busines...ly-says-johari/

Continue to short USD...
*
The moment some idiot shoots his mouth be prepared for downward spiral
KTCY
post Mar 24 2016, 12:58 PM

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4.036 now wink.gif
J_Vansen_S
post Mar 24 2016, 04:29 PM

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no one discusses about GBP/MYR drop~?
MeToo
post Mar 24 2016, 04:35 PM

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QUOTE(nexona88 @ Mar 23 2016, 10:02 PM)
lol went back to 4.01 doh.gif
*
cause ytd Fed spoke and gave indication to quash the rumour of only a single rate rise this year.
Showtime747
post Mar 24 2016, 04:53 PM

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QUOTE(J_Vansen_S @ Mar 24 2016, 04:29 PM)
no one discusses about GBP/MYR drop~?
*
Those who bet Brexit not happening should long. So attractive compare to just late last year

You think Brexit will happen ?
J_Vansen_S
post Mar 24 2016, 04:56 PM

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QUOTE(Showtime747 @ Mar 24 2016, 04:53 PM)
Those who bet Brexit not happening should long. So attractive compare to just late last year

You think Brexit will happen ?
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I dont think it will happen. Too much complications to deal with~
Showtime747
post Mar 24 2016, 04:57 PM

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QUOTE(J_Vansen_S @ Mar 24 2016, 04:56 PM)
I dont think it will happen. Too much complications to deal with~
*
Then put your last RM in !!! biggrin.gif
stockoperator
post Mar 24 2016, 04:58 PM

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QUOTE(norasarah @ Dec 2 2015, 10:52 AM)
anyway RM is increasing abit la!! it take time.. our economy will be better at 2016.
I guess najib had fullfil his promise.. give him 6 month period on June
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ringgit is not moving.
it's usd that is moving up and down.
stockoperator
post Mar 24 2016, 05:01 PM

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when they hike usd (which is eventual.. 2hikes this year), usd will continue to strengthen.

buy usd, sgd
not one shot change all la.
tranches.

good luck.

And oh yeah, if usd strengthens against myr, m'sia stock mkt will do well.
Buy CCK 7035.
Got halal cert for it's poultry. Big mkt.


roy918
post Mar 24 2016, 06:04 PM

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CIMB Travel Currency has very good rate for US$ at 4.06 now. smile.gif
[Ancient]-XinG-
post Mar 24 2016, 08:45 PM

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QUOTE(Showtime747 @ Mar 24 2016, 06:38 AM)
Maybe it's time to reconsider your strategy. The window is here and may not stay long. Always good to diversify and keep some of your assets other than RM.
*
Actually during that time I do put some in foreign market. Haha. But not much la

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