QUOTE(wil-i-am @ Sep 7 2016, 10:49 PM)
Better lock-in fast as the rate fluctuate very quick
No worries. If there's no good news from the US + no bad news from malaysia/emerging country USD/MYR will be at the price I want.USD/MYR v4
|
|
 Sep 7 2016, 10:53 PM
|
 
All Stars
24,335 posts Joined: Feb 2011  
|
|
Quote|
|
|
|
|
Sep 8 2016, 09:23 AM
|
|
Senior Member
10,001 posts Joined: May 2013
|
Most analysts see another OPR cut in November
http://www.nst.com.my/news/2016/09/171396/...pr-cut-november B prepare for excitement in Nov |
|
|
Sep 8 2016, 02:23 PM
Show posts by this member only | IPv6 | Post
#1023
|
|
Senior Member
10,001 posts Joined: May 2013
|
Tonite initial jobless claims will give some clue to Janet
|
|
|
Sep 8 2016, 07:09 PM
|
Senior Member
1,033 posts Joined: Dec 2009
|
Heading towards 4.04 ahead of ECB decision and weakening of USD.
|
|
|
Sep 8 2016, 07:10 PM
Show posts by this member only | IPv6 | Post
#1025
|
|
Senior Member
10,001 posts Joined: May 2013
|
QUOTE(zacknistelrooy @ Sep 8 2016, 07:09 PM) Heading towards 4.04 ahead of ECB decision and weakening of USD. Can continue to short USD?  |
|
|
Sep 8 2016, 08:30 PM
|
|
Senior Member
1,033 posts Joined: Dec 2009
|
QUOTE(wil-i-am @ Sep 8 2016, 07:10 PM) Can continue to short USD? Tough to say as there is more data to come next week and most of the FED presidents keep saying rate hike is possible plus it has come down from 4.11. |
|
|
|
|
|
Sep 8 2016, 08:35 PM
|
|
Senior Member
6,614 posts Joined: Mar 2011
|
Have been busy the whole day. Now seeing RM strengthen to 4.04 region.
|
|
|
Sep 8 2016, 09:56 PM
Show posts by this member only | IPv6 | Post
#1028
|
|
Senior Member
10,001 posts Joined: May 2013
|
QUOTE(bbgoat @ Sep 8 2016, 08:35 PM) Have been busy the whole day. Now seeing RM strengthen to 4.04 region. Any plan if appreciate to 4? |
|
|
Sep 8 2016, 10:38 PM
|
|
Senior Member
6,614 posts Joined: Mar 2011
|
QUOTE(wil-i-am @ Sep 8 2016, 09:56 PM) Any plan if appreciate to 4? No plan. Will only wait till late Dec. Unless it goes to 3.5 before that time !   |
|
|
Sep 8 2016, 10:39 PM
Show posts by this member only | IPv6 | Post
#1030
|
|
Senior Member
10,001 posts Joined: May 2013
|
QUOTE(bbgoat @ Sep 8 2016, 10:38 PM) No plan. Will only wait till late Dec. Unless it goes to 3.5 before that time ! 3.50 is rather deep  |
|
|
Sep 9 2016, 12:27 AM
|
|
Senior Member
1,033 posts Joined: Dec 2009
|
Dollar seems to be strengthening, Ringgit back to 4.07.
|
|
|
Sep 9 2016, 08:19 AM
|
|
Senior Member
6,614 posts Joined: Mar 2011
|
QUOTE(wil-i-am @ Sep 8 2016, 10:39 PM) 3.50 is rather deep Thats why no action until the miracle happens !  |
|
|
Sep 9 2016, 10:00 AM
|
|
Senior Member
10,001 posts Joined: May 2013
|
Awaiting for MYR to touch 4.10 again
|
|
|
|
|
|
Sep 9 2016, 08:44 PM
|
All Stars
24,454 posts Joined: Nov 2010
|
QUOTE(wil-i-am @ Sep 9 2016, 10:00 AM) Awaiting for MYR to touch 4.10 again almost there, next week maybe.all it took for rm to go to 4.097 was a few words... Boston Fed President Eric Rosengren said in another speech low interest rates are increasing the chance of overheating the U.S. economy. Gradually tightening monetary policy is appropriate to maintaining full employment, he added. |
|
|
Sep 9 2016, 09:04 PM
|
All Stars
12,505 posts Joined: May 2007 From: Triumph in the Skies Status:In LoV3 Again
|
4.1 soon
 This post has been edited by KTCY: Sep 9 2016, 09:04 PM |
|
|
Sep 9 2016, 09:40 PM
|
|
Senior Member
1,033 posts Joined: Dec 2009
|
QUOTE(AVFAN @ Sep 9 2016, 08:44 PM) almost there, next week maybe. If they don't raise either in Sept or December it will probably be back below 4.all it took for rm to go to 4.097 was a few words... Boston Fed President Eric Rosengren said in another speech low interest rates are increasing the chance of overheating the U.S. economy. Gradually tightening monetary policy is appropriate to maintaining full employment, he added. |
|
|
Sep 9 2016, 09:46 PM
|
|
All Stars
24,454 posts Joined: Nov 2010
|
QUOTE(zacknistelrooy @ Sep 9 2016, 09:40 PM) If they don't raise either in Sept or December it will probably be back below 4. in my mind, they will raise, just once this year, like last year.the interesting thing will be whether bnm will cut rate in nov. and/or loosen credit, let people borrow more, let household debt go even higher. everyday, there is news like... developers can't sell units despite lots of goodies, car dealers squatting flies, banks firing staff, etc. the economy is not well. |
|
|
Sep 9 2016, 10:30 PM
|
|
Senior Member
1,033 posts Joined: Dec 2009
|
QUOTE(AVFAN @ Sep 9 2016, 09:46 PM) in my mind, they will raise, just once this year, like last year. Totally agree.the interesting thing will be whether bnm will cut rate in nov. and/or loosen credit, let people borrow more, let household debt go even higher. everyday, there is news like... developers can't sell units despite lots of goodies, car dealers squatting flies, banks firing staff, etc. the economy is not well. if the Malaysian economy starts to weaken then it may be tough for the Ringgit to strengthen. |
|
|
Sep 9 2016, 10:40 PM
|
|
All Stars
24,454 posts Joined: Nov 2010
|
usd touched 4.105.
but not only usd... euro, pound, sgd, yen, rmb, won, baht all gained over rm just the same. ya, oil falls 2.5% but it gained 5% yesterday. what's else is happening to the rm? This post has been edited by AVFAN: Sep 9 2016, 10:43 PM |
|
|
Sep 9 2016, 11:04 PM
|
|
Senior Member
1,033 posts Joined: Dec 2009
|
QUOTE(AVFAN @ Sep 9 2016, 10:40 PM) usd touched 4.105. The risk now is foreign participants start to sell equities heavily like last year.but not only usd... euro, pound, sgd, yen, rmb, won, baht all gained over rm just the same. ya, oil falls 2.5% but it gained 5% yesterday. what's else is happening to the rm? |
|
Topic ClosedOptions
|
| Change to: |  0.0311sec
 0.93
 6 queries
 GZIP Disabled
Time is now: 4th December 2025 - 02:21 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.