QUOTE(bbgoat @ Jul 4 2016, 09:22 AM)
Wish u luck ! I hope next week it goes up till mth end.
i hope rmb head all the way to 1.7 .. possible? 
USD/MYR drop, v3
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 Jul 4 2016, 04:23 PM
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Trade Dispute
2,644 posts Joined: Sep 2013  
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Jul 4 2016, 06:59 PM
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Junior Member
247 posts Joined: Jan 2012 
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Can someone help me identify what are the positive and negative correlation to US dollar?
For example, is oil price positively or negatively related to us dollar historically? Negative? What are the other factors out there that is related to US dollar? |
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Jul 4 2016, 09:21 PM
Show posts by this member only | IPv6 | Post
#3283
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Senior Member
10,001 posts Joined: May 2013
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Trading at tight range today
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Jul 4 2016, 09:32 PM
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All Stars
14,857 posts Joined: Mar 2015
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QUOTE(ssajnani @ Jul 4 2016, 06:59 PM) Can someone help me identify what are the positive and negative correlation to US dollar? googled and found this.....For example, is oil price positively or negatively related to us dollar historically? Negative? What are the other factors out there that is related to US dollar? hope it can provides some reading past time while you wait... (you had waited for some times already)...  50 Factors that Affect the Value of the US Dollar http://www.currencytrading.net/features/50...-the-us-dollar/ |
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Jul 4 2016, 10:32 PM
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All Stars
48,421 posts Joined: Sep 2014 From: REality
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very boring day for USD/MYR..
3.98/3.99 only as for now |
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Jul 5 2016, 12:39 AM
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Junior Member
247 posts Joined: Jan 2012
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QUOTE(MUM @ Jul 4 2016, 09:32 PM) googled and found this..... Thank you hope it can provides some reading past time while you wait... (you had waited for some times already)... 50 Factors that Affect the Value of the US Dollar http://www.currencytrading.net/features/50...-the-us-dollar/  |
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Jul 5 2016, 10:26 AM
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Trade Dispute
2,644 posts Joined: Sep 2013
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QUOTE(nexona88 @ Jul 4 2016, 10:32 PM) very boring day for USD/MYR.. 4.01 liao... cannot tahan hahaha3.98/3.99 only as for now |
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Jul 5 2016, 11:40 AM
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Junior Member
139 posts Joined: May 2011
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QUOTE(mred02 @ Jul 1 2016, 11:15 AM) if u buy at 3.7 then fall lagi . how. haha well..got risk got returns.. depends on how you spread the risk or how much u wanna risk.. signs of oil falling again. I bought USD at 3.8 last time and sold at 4.1 earn around 10%. I'll definitely do it again. |
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Jul 5 2016, 12:17 PM
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All Stars
48,421 posts Joined: Sep 2014 From: REality
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QUOTE(aromachong @ Jul 5 2016, 10:26 AM) 4.01 liao... cannot tahan hahaha back to 3.99/4.00  |
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Jul 5 2016, 01:34 PM
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Trade Dispute
2,644 posts Joined: Sep 2013
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QUOTE(nexona88 @ Jul 5 2016, 12:17 PM) back to 3.99/4.00 catch sharp knife edge falling or rising soon. hehehe |
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Jul 5 2016, 10:11 PM
Show posts by this member only | IPv6 | Post
#3291
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(aromachong @ Jul 5 2016, 01:34 PM) catch sharp knife edge falling or rising soon. hehehe 4.03xx now |
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Jul 6 2016, 12:14 AM
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Trade Dispute
2,644 posts Joined: Sep 2013
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QUOTE(wil-i-am @ Jul 5 2016, 10:11 PM) 4.03xx now yeap either way with sharp to north or south |
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Jul 6 2016, 11:38 AM
Show posts by this member only | IPv6 | Post
#3293
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(aromachong @ Jul 6 2016, 12:14 AM) yeap either way with sharp to north or south It won't move in 'sharp' direction unless..... |
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Jul 6 2016, 12:32 PM
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Junior Member
40 posts Joined: Jun 2016
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Maybank 'cautious' on M'sian share market in 2H amid Brexit, US election uncertainties - source: http://www.theedgemarkets.com/en/node/289936
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Jul 6 2016, 12:35 PM
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Junior Member
40 posts Joined: Jun 2016
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QUOTE(wil-i-am @ Jul 6 2016, 11:38 AM) It won't move in 'sharp' direction unless..... ...unless Trump won the presidential election. LOL |
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Jul 6 2016, 03:09 PM
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All Stars
48,421 posts Joined: Sep 2014 From: REality
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5 Jul 2016 07:00 UTC - 6 Jul 2016 07:06 UTC
USD/MYR close: 4.03725 low: 4.00875 high: 4.06564 |
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Jul 6 2016, 06:12 PM
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All Stars
24,453 posts Joined: Nov 2010
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june 26, 3 days after brexit vote, this article talks of a further 10% fall for the pound, ie.e from 1.34 to 1.20
http://www.bloomberg.com/news/articles/201...-u-k-in-turmoil today, the pound touched 1.28. http://www.cnbc.com/2016/07/06/british-pou...e-to-swirl.html brexit longer term effects, continued oil glut, weak major global economies... more and more reports pointing to stronger $ (beside the yen). http://www.bloomberg.com/news/articles/201...forecaster-says http://www.bloomberg.com/news/articles/201...se-much-further and bnm may cut rates due to weak gdp? keep your mighty $!  |
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Jul 7 2016, 08:58 AM
Show posts by this member only | IPv6 | Post
#3298
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(AVFAN @ Jul 6 2016, 06:12 PM) and bnm may cut rates due to weak gdp? Interesting time ahead in 2H2016keep your mighty $! |
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Jul 7 2016, 12:43 PM
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All Stars
48,421 posts Joined: Sep 2014 From: REality
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6 Jul 2016 04:40 UTC - 7 Jul 2016 04:40 UTC
USD/MYR close: 4.02310 low: 4.02029 high: 4.06330 |
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Jul 7 2016, 01:06 PM
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Junior Member
40 posts Joined: Jun 2016
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QUOTE(AVFAN @ Jul 6 2016, 06:12 PM) june 26, 3 days after brexit vote, this article talks of a further 10% fall for the pound, ie.e from 1.34 to 1.20 I hope there will be another wave of USD/MYR 4.4x.http://www.bloomberg.com/news/articles/201...-u-k-in-turmoil today, the pound touched 1.28. http://www.cnbc.com/2016/07/06/british-pou...e-to-swirl.html brexit longer term effects, continued oil glut, weak major global economies... more and more reports pointing to stronger $ (beside the yen). http://www.bloomberg.com/news/articles/201...forecaster-says http://www.bloomberg.com/news/articles/201...se-much-further and bnm may cut rates due to weak gdp? keep your mighty $! |
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