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 USD/MYR v4

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TSwil-i-am
post Jul 8 2016, 09:20 PM

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U.S. adds 287,000 workers to payrolls in June, beats estimate
TSwil-i-am
post Jul 9 2016, 07:57 AM

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Bank Negara seen lowering OPR
http://www.thestar.com.my/business/busines...n-lowering-opr/
ninjawin
post Jul 9 2016, 09:00 AM

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QUOTE(AVFAN @ Jul 8 2016, 01:30 PM)
tq for response.

can u confirm banks NEED to follow bnm if rate cut?

ninja seem to think otherwise - banks can ignore bnm, keep same own lending/fd rates.
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there are things that Banks can do however it will still be effected by major changes in OPR. Some banks have adjusted interest rates on their own a few times this year http://www.baserate.co/public-bank-hong-le...interest-rates/


AVFAN
post Jul 9 2016, 11:03 AM

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QUOTE(ninjawin @ Jul 9 2016, 09:00 AM)
there are things that Banks can do however it will still be effected by major changes in OPR. Some banks have adjusted interest rates on their own a few times this year http://www.baserate.co/public-bank-hong-le...interest-rates/
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ok, all clear now.
TSwil-i-am
post Jul 9 2016, 11:48 AM

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Tumble 1% to 4.00 mark
nexona88
post Jul 9 2016, 11:56 AM

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From: REality
8 Jul 2016 04:40 UTC - 9 Jul 2016 04:44 UTC
USD/MYR close: 4.00250 low: 3.99802 high: 4.04650


briefly broke 4.00 barrier blush.gif

This post has been edited by nexona88: Jul 9 2016, 12:48 PM
TSwil-i-am
post Jul 9 2016, 01:25 PM

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Ringgit to hover around at current level next week
http://www.nst.com.my/news/2016/07/157344/...level-next-week
drake88
post Jul 9 2016, 05:24 PM

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why there is no one discussing about effect regards to US election? don't u guys think is going to cause a big move in USD
TSwil-i-am
post Jul 9 2016, 05:33 PM

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QUOTE(drake88 @ Jul 9 2016, 05:24 PM)
why there is no one discussing about effect regards to US election? don't u guys think is going to cause a big move in USD
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Still a long way to go b4 Nov 2016

TSwil-i-am
post Jul 10 2016, 07:38 AM

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QUOTE(kalliban @ Jul 9 2016, 11:37 PM)
I heards a lot of China investing in malaysia...soon RM will go up up thumbup.gif its currently 3.9 thumbup.gif
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How high will it goes hmm.gif
nexona88
post Jul 10 2016, 10:37 AM

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QUOTE(kalliban @ Jul 9 2016, 11:37 PM)
I heards a lot of China investing in malaysia...soon RM will go up up thumbup.gif its currently 3.9 thumbup.gif
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3.80 myr is someone's wet dreams laugh.gif
aromachong
post Jul 10 2016, 12:25 PM

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QUOTE(nexona88 @ Jul 10 2016, 10:37 AM)
3.80 myr is someone's wet dreams laugh.gif
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hopefully 1.70 or more CNY before mid of july for my holiday trip rclxm9.gif
ninjawin
post Jul 10 2016, 01:09 PM

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QUOTE(nexona88 @ Jul 10 2016, 10:37 AM)
3.80 myr is someone's wet dreams laugh.gif
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buy USD at 3.80..sell back at 4.1
TSwil-i-am
post Jul 10 2016, 01:43 PM

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QUOTE(ninjawin @ Jul 10 2016, 01:09 PM)
buy USD at 3.80..sell back at 4.1
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Buy low sell high strategy
Wat if d said strategy doesn't materialize?
nexona88
post Jul 10 2016, 03:01 PM

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QUOTE(aromachong @ Jul 10 2016, 12:25 PM)
hopefully 1.70 or more CNY before mid of july for my holiday trip  rclxm9.gif
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Good luck rclxms.gif

QUOTE(ninjawin @ Jul 10 2016, 01:09 PM)
buy USD at 3.80..sell back at 4.1
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Buy low sell high have some risk..
What if it didn't meteralized..
aromachong
post Jul 10 2016, 04:14 PM

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QUOTE(nexona88 @ Jul 10 2016, 03:01 PM)
Good luck rclxms.gif
Buy low sell high have some risk..
What if it didn't meteralized..
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haha same as mine this time.. actually i buy quite some of gbp at money changer.. just plan to keep it for few months or years
TSwil-i-am
post Jul 10 2016, 04:43 PM

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QUOTE(aromachong @ Jul 10 2016, 04:14 PM)
haha same as mine this time.. actually i buy quite some of gbp at money changer.. just plan to keep it for few months or years
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Keep for investment or usage?
aromachong
post Jul 10 2016, 08:06 PM

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QUOTE(wil-i-am @ Jul 10 2016, 04:43 PM)
Keep for investment or usage?
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because saw my friends buy it.. so i follow.. no idea actually but mostly keep it .. and sell it if my mood is good laugh.gif
nexona88
post Jul 10 2016, 08:19 PM

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QUOTE(aromachong @ Jul 10 2016, 08:06 PM)
because saw my friends buy it.. so i follow.. no idea actually but mostly keep it .. and sell it if my mood is good  laugh.gif
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lol the best reply ever laugh.gif
TSwil-i-am
post Jul 10 2016, 09:37 PM

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QUOTE(aromachong @ Jul 10 2016, 08:06 PM)
because saw my friends buy it.. so i follow.. no idea actually but mostly keep it .. and sell it if my mood is good  laugh.gif
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I presume u have too much monies until dunno how to utilize biggrin.gif

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