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 USD/MYR drop, v3

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TSwil-i-am
post Dec 21 2015, 09:19 AM

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Rupiah Set to Reclaim Worst Asian Currency Mantle From Ringgit
http://www.bloomberg.com/news/articles/201...le-from-ringgit

Consolation prize for Bee End
TSwil-i-am
post Dec 21 2015, 10:46 PM

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USD/MYR depreciate around 0.30% today to 4.3025 despite oil price hit new Low
TSwil-i-am
post Dec 23 2015, 09:50 AM

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Malaysian ringgit under pressure
http://www.thestar.com.my/business/busines...sure/?style=biz

The uncertainty c/f to 2016
TSwil-i-am
post Dec 28 2015, 10:21 PM

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The market expects the ringgit to average 4.40 to the greenback with the consensus ranging between 3.90 and 5.00
http://www.thestar.com.my/business/busines...ggit/?style=biz

MYR is attempting to break M'sia Guiness Book record next year
TSwil-i-am
post Dec 30 2015, 11:17 AM

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Ringgit is no longer responding to the price of oil and commodity, will rebound in 2016, says MIDF Research
http://www.theedgemarkets.com/my/article/r...s-midf-research

Time to short USD now?
TSwil-i-am
post Dec 30 2015, 02:03 PM

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QUOTE(AVFAN @ Dec 30 2015, 12:48 PM)
i think rm is already numb to falling and falling oil price! laugh.gif
we watch what assets being sold, if usd comin backg, how much budget deficit, what new taxes, how much putarjaya wants to borrow new to fund ever incr spending.
*
If numb, all bad news dy priced in
Thus, shld b heading North anytime now brows.gif
TSwil-i-am
post Dec 30 2015, 04:41 PM

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QUOTE(Ramjade @ Dec 30 2015, 03:38 PM)
If US increase rates some more. Got potential for myr to drop some more?
*
Perhaps an astrologer have an answer brows.gif
TSwil-i-am
post Dec 30 2015, 04:50 PM

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QUOTE(MR_alien @ Dec 30 2015, 04:48 PM)
MYR super stable now
is it because MYR now very hot for brunei-ans?...all sold out on brunei money changers
*
Money changers is running out of MYR to exchange with BND brows.gif
TSwil-i-am
post Dec 30 2015, 04:55 PM

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QUOTE(MR_alien @ Dec 30 2015, 04:53 PM)
MYR exchange for the "over-valued" BND...seem worthed brows.gif
*
Brunei citizen dun care on exchange rate even though the spread is High
All they want is MYR
TSwil-i-am
post Dec 30 2015, 05:09 PM

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While v bz debate, USD/MYR still boring at 4.29 +/-
TSwil-i-am
post Dec 30 2015, 06:05 PM

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QUOTE(AVFAN @ Dec 30 2015, 05:50 PM)
this is interesting.

other than a rush to spend rm in sabah over the yr end holidays, maybe something else is brewing?

pure speculation.... maybe somebody think brunei won't hold the sgd peg for much longer?

like they speculate saudi may abandon usd peg?
oil price will stay low for some time, it is possible...?

brunei exports nothing but oil, correct?

maybe new peg to rm?  tongue.gif
*
BND is trading at a few bps discount to SGD now
Perhaps the few bps is expected to widen next year

TSwil-i-am
post Dec 31 2015, 08:30 AM

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30 Dec 2015 00:20 UTC - 31 Dec 2015 00:27 UTC
USD/MYR close:4.30100 low:4.28010 high:4.30670

Most likely to close @ 4.30 for 2015
TSwil-i-am
post Dec 31 2015, 12:01 PM

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Malaysia's 1MDB to sell property project stake to China-Malaysia group
http://www2.theedgemarkets.com/en/article/...-malaysia-group

Tis deal shall give the catalyst to support present USD/MYR
TSwil-i-am
post Dec 31 2015, 06:25 PM

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As per BNM, closing rate @ 4.2935 -v- 3.4965 @ 31/12/2014
TSwil-i-am
post Dec 31 2015, 06:52 PM

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Ringgit completes steepest annual loss since 1997 as oil slumps
http://www2.theedgemarkets.com/my/article/...1997-oil-slumps

I hope Putrajaya insaf after reading
TSwil-i-am
post Jan 1 2016, 12:26 AM

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Monkey is gud at jumping
Wondering the USD/MYR will jump Up or Down in 2016?
TSwil-i-am
post Jan 4 2016, 11:11 PM

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QUOTE(PenangLaksa @ Jan 4 2016, 04:32 PM)
Thanks Cherroy.
Experts,

If you were to choose between Ringgit and Yuan now, which one would you keep, say for the next 1 year. I am still holding on to some Yuan when the exchange rate was 1RMB to 0.68RM...
*
U may consider HKD when USD is strong
TSwil-i-am
post Jan 5 2016, 03:47 PM

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4 Jan 2016 07:40 UTC - 5 Jan 2016 07:43 UTC
USD/MYR close:4.33519 low:4.32993 high:4.36102

Moving up slowly to 4.40 level
TSwil-i-am
post Jan 6 2016, 02:57 PM

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Yuan Sinks to Five-Year Low as PBOC Surprises With Weaker Fixing
http://www.bloomberg.com/news/articles/201...cut-for-7th-day

More fixing along the way...
TSwil-i-am
post Jan 6 2016, 05:28 PM

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QUOTE(Bread and Milk @ Jan 6 2016, 04:11 PM)
As long as someone resign I believe that rm will start to rise again.
*
U can continue to wait

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