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 USD/MYR drop, v3

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richardrick
post Jul 2 2016, 08:23 PM

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QUOTE(bbgoat @ Jul 2 2016, 08:05 PM)
Hot, just saw 8pm news saying July 3 factors for RM to go up.  drool.gif  drool.gif No details shown yet, in one of the newspapers.  rclxms.gif  rclxms.gif
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Not quite too sure brah, usually it's the opposite. lol.
richardrick
post Jul 6 2016, 12:32 PM

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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
richardrick
post Jul 6 2016, 12:35 PM

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QUOTE(wil-i-am @ Jul 6 2016, 11:38 AM)
It won't move in 'sharp' direction unless.....
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...unless Trump won the presidential election. LOL
richardrick
post Jul 7 2016, 01:06 PM

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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
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 $! tongue.gif
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I hope there will be another wave of USD/MYR 4.4x.


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