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 USD/MYR drop, v3

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aromachong
post Jun 13 2016, 08:47 PM

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hopefully able hit RMB CNY 1.70 by JULY .. need to exchange huge amount... pray...
aromachong
post Jun 14 2016, 11:20 AM

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QUOTE(minano0001 @ Jun 14 2016, 11:10 AM)
wow for that rate i think usd myr needs to be around 3.80. doubt it will strengthen that much unless oil price really shoot up
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i guess rmb weaken recently
aromachong
post Jun 16 2016, 08:40 PM

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QUOTE(eXTaTine @ Jun 16 2016, 12:58 PM)
Lol Malaysia is falling to pieces...just when you thought the worst is over then they decided to default....country being dragged through the mud...
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now only u realise? migrating is the best way
aromachong
post Jun 16 2016, 09:00 PM

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QUOTE(cpng75 @ Jun 16 2016, 08:57 PM)
Agree migrate.
But Malaysia still got plenty of cari makan opportunities.
We must not give up our citizenship. Many countries PR is  enough for investment and education.
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I can foresee it will become from worse to worst in next 10 to 20 yrs. really hopeless

unless miracle happens but that's quite impossible.
aromachong
post Jun 20 2016, 07:11 PM

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QUOTE(nexona88 @ Jun 20 2016, 06:38 PM)
Closing was 4.0660 as per BNM @ 20 Jun 2016 (Monday)
#Effective 18 July, closing rates ('Close') published are based on 6pm rates. Previous '1700' rates shall remain as historical rates under 'Close' reference.
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what is the purpose for this changes?
aromachong
post Jun 21 2016, 08:08 AM

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QUOTE(wil-i-am @ Jun 21 2016, 08:00 AM)
U r still keen for another round of roller coaster?
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nope lol..
aromachong
post Jun 21 2016, 05:45 PM

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QUOTE(wil-i-am @ Jun 21 2016, 01:46 PM)
Appreciated to 4.05xx today
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pass 4.01.. then i guess will go somewhere between 3.8-3.9.. that time maybe will buy again haha
aromachong
post Jun 21 2016, 07:02 PM

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QUOTE(bbgoat @ Jun 21 2016, 06:13 PM)
Please go to 3.8 !  icon_idea.gif
3.8 - 3.9, I will be buying. Nearer to the time I need to buy.  whistling.gif
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haha.. 4.02 lets see will break 4.01 or not
aromachong
post Jun 21 2016, 09:32 PM

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QUOTE(bbgoat @ Jun 21 2016, 07:50 PM)
It goes to 3.8, both of us buy. Then it can go south as you like it ! rclxms.gif
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yes i will bot and take all fd out and blow it at one shot this time wahaha ! seriously..
aromachong
post Jun 21 2016, 10:07 PM

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QUOTE(bbgoat @ Jun 21 2016, 10:06 PM)
For me, I will only buy up to the need for TT over.  blush.gif
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1 month plus to your 'august' hopefully will head north 3.8 then we can bot
aromachong
post Jun 21 2016, 10:11 PM

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QUOTE(bbgoat @ Jun 21 2016, 10:10 PM)
I am placing some of my FD due in July on standby. Likely in MBB's GIA-i. Windows of few weeks to buy the USD from mid July onwards.  biggrin.gif
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brilliant idea for MBB GIA-I ..

mid july i'll be in guangzhou till end of the month haha..

This post has been edited by aromachong: Jun 21 2016, 10:12 PM
aromachong
post Jun 22 2016, 08:24 AM

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QUOTE(wil-i-am @ Jun 22 2016, 08:04 AM)
U plan to show hand?
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if it hits as per bbgoat said
aromachong
post Jun 23 2016, 09:43 AM

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QUOTE(wil-i-am @ Jun 23 2016, 09:36 AM)
I supposed 4.00 is the support level
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dats why imo if it breaks 4.01 then got hope all the way to north
aromachong
post Jun 23 2016, 12:43 PM

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QUOTE(AVFAN @ Jun 23 2016, 11:52 AM)
brexit or bremain?

results will be known at 5.30am friday.

latest polls in the last few days show yes-no-yes-no... too close to call.

only voting britons will know.
if bremain, global stocks will likely rally, usd will weaken, oil price will gain.

if brexit, stocks will fall, pound sterling will get smashed, usd will rise.

brexit is not the end of the world but will cause high volatility in all markets for a while.

be prepared, in any case. biggrin.gif
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high probable remain
aromachong
post Jun 23 2016, 01:12 PM

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QUOTE(bbgoat @ Jun 23 2016, 12:52 PM)
This voting reminds me of my voting during UK's election ! When I was there, students from Commonwealth can vote during their election.  biggrin.gif Voted against the Conservative for tuition fee increase !  bruce.gif

If only I can vote for bremain !  tongue.gif
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haha.. guess will have little impact on myr.. but if usd head to south a lot... might be a good chance for myr heading to 3.8 in jiffy time
aromachong
post Jun 23 2016, 05:33 PM

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rmb at good rate imo.. just changed rm20k @ 1.62 rate @ money changer for july trip

now it breaks 4.01.. hopefully able change more @ 1.71 above rate .

aromachong
post Jun 23 2016, 05:35 PM

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QUOTE(AVFAN @ Jun 23 2016, 04:07 PM)
buy usd, short us stocks, short crude - brexit.

buy pound sterling, gold, stocks, crude - bremain.
which one r u? biggrin.gif
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less impact i guess.. mb for short term.

i didnt join this game anyway haha..
aromachong
post Jun 23 2016, 06:35 PM

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QUOTE(wil-i-am @ Jun 23 2016, 06:27 PM)
Broke 4.00 mark
Now trading @ 3.98xx/3.99xx
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good to see.. my prediction goes well + instinct rclxm9.gif
aromachong
post Jun 23 2016, 07:12 PM

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QUOTE(wil-i-am @ Jun 23 2016, 06:37 PM)
U short or intend to buy now?
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buy @ 3.8 only.
aromachong
post Jun 23 2016, 07:59 PM

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QUOTE(AVFAN @ Jun 23 2016, 07:19 PM)
boys n girls, ladies and gentlemen....

do not celebrate yet at this time whatever u bought or sold, whatever exchange rate u bet on.

my read is the politicians, media, biz and investor community will want and betting on BREMAIN, now pushing stocks, crude, gold prices higher and higher.

some USD200 billion to do this. just for a few hours.
now, if the common and poorer britons decide that is a bad idea, come in full force to go BREXIT, the dismay to financial markets can be significant.

we'll see at 5.30am! laugh.gif
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sleeping soundly like a baby at that time.. lol

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