Tis week movement is dependent on meeting of Federal Reserve
USD/MYR drop, v3
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 Jun 13 2016, 08:14 AM
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Senior Member
10,001 posts Joined: May 2013 
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Jun 13 2016, 10:35 AM
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Senior Member
10,001 posts Joined: May 2013
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Ringgit declines most in two weeks on lower oil, Brexit risk
http://www.theedgemarkets.com/my/article/r...oil-brexit-risk |
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Jun 13 2016, 11:45 AM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(wil-i-am @ Jun 13 2016, 08:14 AM) Tis week movement is dependent on meeting of Federal Reserve Zero increase. Even July incarese is getting lower. Of course, the July increase percentage can change. But odds for JUne incaresr is zero. |
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Jun 13 2016, 04:01 PM
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All Stars
48,426 posts Joined: Sep 2014 From: REality
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I thought Brexit have no impact on MYR/USD? but more on GBP??
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Jun 13 2016, 08:47 PM
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Trade Dispute
2,644 posts Joined: Sep 2013 
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hopefully able hit RMB CNY 1.70 by JULY .. need to exchange huge amount... pray...
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Jun 13 2016, 10:58 PM
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All Stars
12,505 posts Joined: May 2007 From: Triumph in the Skies Status:In LoV3 Again
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Moving 4.1x tomorrow
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Jun 14 2016, 11:06 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(KTCY @ Jun 13 2016, 10:58 PM) Moving 4.1x tomorrow Still stubborn to cross 4.10 mark |
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Jun 14 2016, 11:10 AM
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Junior Member
540 posts Joined: Mar 2016
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QUOTE(aromachong @ Jun 13 2016, 08:47 PM) hopefully able hit RMB CNY 1.70 by JULY .. need to exchange huge amount... pray... 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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Jun 14 2016, 11:20 AM
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Trade Dispute
2,644 posts Joined: Sep 2013
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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 i guess rmb weaken recently |
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Jun 14 2016, 12:16 PM
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Senior Member
6,614 posts Joined: Mar 2011
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QUOTE(aromachong @ Jun 13 2016, 08:47 PM) hopefully able hit RMB CNY 1.70 by JULY .. need to exchange huge amount... pray... QUOTE(aromachong @ Jun 14 2016, 11:20 AM) i guess rmb weaken recently Talk was RMB to depreciate in short term.When I was in SH, rate was 2.0 to 2.2 region. But have disposed my RMB since then.  |
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Jun 14 2016, 12:32 PM
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All Stars
48,426 posts Joined: Sep 2014 From: REality
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13 Jun 2016 04:15 UTC - 14 Jun 2016 04:28 UTC
USD/MYR close: 4.09202 low: 4.07786 high: 4.09995 so near to 4.10 MYR  |
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Jun 14 2016, 01:57 PM
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Junior Member
540 posts Joined: Mar 2016
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QUOTE(bbgoat @ Jun 14 2016, 12:16 PM) Talk was RMB to depreciate in short term. I thought rmb will peg closely with usd?When I was in SH, rate was 2.0 to 2.2 region. But have disposed my RMB since then. |
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Jun 14 2016, 02:42 PM
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All Stars
12,505 posts Joined: May 2007 From: Triumph in the Skies Status:In LoV3 Again
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QUOTE(wil-i-am @ Jun 14 2016, 11:06 AM) Still stubborn to cross 4.10 mark Tomorrow is okay |
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Jun 14 2016, 04:50 PM
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All Stars
24,453 posts Joined: Nov 2010
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global equities markets falling.
brexit fears. fed meeting/rate hike. wti crude falls from 52 to 48. 1mbd-lost billions saga still raging. usd/rm 4.11. sgd/rm 3.03. place your bets. |
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Jun 15 2016, 10:31 AM
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Senior Member
10,001 posts Joined: May 2013
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Finally crossed 4.10 mark today
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Jun 15 2016, 12:05 PM
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All Stars
15,192 posts Joined: Oct 2004
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I realise MBB's USDMYR spread is high. 13 cents while UOB just 10 sen
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Jun 15 2016, 01:06 PM
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All Stars
48,426 posts Joined: Sep 2014 From: REality
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QUOTE(jack2 @ Jun 15 2016, 12:05 PM) I realise MBB's USDMYR spread is high. 13 cents while UOB just 10 sen banks "spread" tend to be higher. most will use money changer  |
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Jun 15 2016, 01:34 PM
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All Stars
12,505 posts Joined: May 2007 From: Triumph in the Skies Status:In LoV3 Again
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QUOTE(wil-i-am @ Jun 15 2016, 10:31 AM) Finally crossed 4.10 mark today up and down between 4.09, 4.10  |
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Jun 15 2016, 02:34 PM
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(nexona88 @ Jun 15 2016, 01:06 PM) banks "spread" tend to be higher. most will use money changer paper currency... how to use money changer.. |
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Jun 15 2016, 03:39 PM
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All Stars
48,426 posts Joined: Sep 2014 From: REality
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QUOTE(jack2 @ Jun 15 2016, 02:34 PM) paper currency... how to use money changer.. oh paper currency..I thought u changing in hard cash then I don't know how  |
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