QUOTE(AVFAN @ Aug 28 2020, 06:36 PM)
there's something else we can see.
at 8.10-8.40 UTC or local time 4.10-4.40pm, the RM dived deep against most currencies... not USD which itself is weak (and gold price spiking again).
it has since recovered quite well.
i am convinced we saw foreign funds at work in the last 50 min of bursa today.
anchovies, dolphins, sharks, local funds... i doubt it.
Rm dived means somebody sold a lot of RM, maybe FF cashing out?at 8.10-8.40 UTC or local time 4.10-4.40pm, the RM dived deep against most currencies... not USD which itself is weak (and gold price spiking again).
it has since recovered quite well.
i am convinced we saw foreign funds at work in the last 50 min of bursa today.
anchovies, dolphins, sharks, local funds... i doubt it.
Aug 28 2020, 06:39 PM

Quote
0.0748sec
0.36
7 queries
GZIP Disabled