very good chance.

russia just cut int rate by 50bps, oil price falls accordingly.

russia is a major oil producer-exporter, that will pull oil price down as ruble weakens against usd.

that in turn will make usd gain over other currencies.

if fed raise rate next week, may even see 4.25.
but... who knows?

very good chance.

russia just cut int rate by 50bps, oil price falls accordingly.

russia is a major oil producer-exporter, that will pull oil price down as ruble weakens against usd.

that in turn will make usd gain over other currencies.

if fed raise rate next week, may even see 4.25.
but... who knows?

Gonna touch 4.15 anytime now

Just touched 4.151 due to good US data.

Just touched 4.151 due to good US data.

Still looks like it is having trouble in the 4.15 4.16 range, breaks over that and 4.20 may come easy.

Wondering wat is the direction next week?

Going to south.

Then suddenly turn of events,
Back to 4.10

Then end of year, back to 4.0. 

Endless possibilities

Each of us has its own wish for USD ! 

In fact, it's tough to balance between wish n reality

The U.S. Labor Department said its Consumer Price Index rose 0.2 percent last month after being unchanged in July. In the 12 months through August, the CPI increased 1.1 percent, up from 0.8 percent in the year through July. The figures beat expectations of economists polled by Reuters.

Traders' expectations of a rate hike from the Fed at its meeting next week rose slightly to 15 percent from 12 percent on Thursday, according to CME Group's FedWatch program. Expectations for a December Fed rate hike rose to more than 56 percent from just over 47 percent on Thursday.
http://www.cnbc.com/2016/09/15/dollar-sags...-supported.html

u mean put yr money using the head or the heart?

easier to use the heart, more difficult to use the head!
higher inflation is what the fed is looking for.

i will go with the market - no hike in sep but in dec.

so, >4.2 should come in dec.

to avoid that, putrajaya need to hike gst, raise int rates, produce a handsome budget and stop borrowing - almost impossible for all of that.