real value is dropping these days by the bombs

rm4.15 is becoming reality soon 

Did u capitalize?

3 Dec 2015 00:00 UTC - 4 Dec 2015 00:07 UTC
USD/MYR close:4.20497 low:4.20400 high:4.26002

Gonna break 4.20 resistance soon...

ringgit-to-halt-decline-in-2016-say-forex-experts

http://www.themalaysianinsider.com/malaysi...y-forex-experts

Lets say USD/MYR ding-dong around ~4.40 for the next couple of years, better to keep MYR in FD than USD?

Past trend is not an indicative of future trend 

1.00 USD  =  4.21496 MYR   

 

Finally Janet remove procrastination from the dictionary 

canadian $ is whacked big time like aud and rm - because the canadian economy is commodity based too - oil, minerals with little else to export.

usd is strong and "expensive" because of the confidence it commands as the #1 currency, with no near #2. the euro is next big but is in worse shape than usd.

there is a massive problem brewing - years of easing and cheap debt, i.e. near zero interest rates. this is good to keep the broader economy going but many sectors are suffering - junk bonds, high leverage biz and... pension funds and insurance cos. that rely on fixed income. if a couple of these big ones fail, it will roil markets and threaten the economy, like the lehman collapse in 2008. the longer they "cry wolf", the less time than they have to normalize rates in time so as not to risk some major failure and meltdown that will spread to rest of the globe.

it is not a easy job for yellen and fed. still, the job nos. can't get better, inflation will not go much higher. it is almost certain rate will be hiked on dec 16. question is if it will be 25bps and what comments follow.

it is a huge economy. they don't raise rates piecemeal as and when they like.

there is a plan to go from A to B to C to D within X years or Y months, i.e. targets.

google bloomberg, cnbc... there are many articles with charts and dots that explain what the fed targets are.

US people earn USD, whether it rises or drop against other currency, it doesn't matter when the goods is quoted in USD.
An Iphone cost $549, will still cost $549, whether the USD is at RM3.30 or RM4.20.

But for in term of pricing RM, it is not the same case.

Why? What's happening?

Your confidence level seems very high 

so now is time to change MYR to usd to hedge against MYR and USD?

1.00 USD  =  4.31346 MYR 

apparently no?
it's 4.3105 now.

I am quite reluctant to post the analysis so I have taken it down because who knows our institutional client might come in here and find the info we sell them is given here for free word for word.  Basically USDMYR is going much higher on a yearly basis. This will be my last post

PS: That projection is still in effect.