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 USD/MYR v4

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Ramjade
post Sep 29 2016, 06:26 PM

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QUOTE(drake88 @ Sep 29 2016, 05:59 PM)
i waiting for US election to enter USD again biggrin.gif whoever win .. USD will weaken
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Sure or not. If Hiliary wins, won't it be business as usual?
Ramjade
post Sep 29 2016, 06:44 PM

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QUOTE(drake88 @ Sep 29 2016, 06:37 PM)
Hiliary have to much to hide.. too much scandals ...
Maybe you are right too.. Companies like Hiliary
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From what I can see the press paints Hiliary as Obama successor. She wins, BAU. See what happen to US stock market. They perceived that she won. All rallied. Now if we throw in Trump who people don't expect to win, it will be Brexit all over again. No one saw Brexit coming. All thought it will not be a Brexit. This time for how long? biggrin.gif flex.gif
Ramjade
post Sep 29 2016, 07:20 PM

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QUOTE(drake88 @ Sep 29 2016, 07:06 PM)
I would see it at this angle. Buy USD during election,

Election going to happen on Nov 2016
if Trump win ... USD will most likely weaken ...
If Hillary win ... USD will most likely stay at position...

Dec 2016
Most likely Fed rate hike. It will strengthen USD.

So both ways , buying USD is not too bad a investment.

If anyone have different opinion, please kindly share smile.gif
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I would say buy now when oil still got momentum. Hold until nov/dec, then sell.
Ramjade
post Sep 30 2016, 12:48 AM

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QUOTE(zacknistelrooy @ Sep 30 2016, 12:43 AM)
Right now there is a triple top around 4.17.

Downtrend has cleared from the start of the year but there was no breakout.

In my opinion, it is in a trading range and only something substantial like an economic downturn will push it out of the range.
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So if that German bank declare bankruptcy any effect?
If Germany bail out the bank, becomes BAU?

Ramjade
post Sep 30 2016, 01:14 AM

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QUOTE(zacknistelrooy @ Sep 30 2016, 12:59 AM)
Won't go bankrupt, too important, probably bail out when worse case scenario.

Sorry what is BAU ?

If the European banks do start start to struggle that certainly could get the USD back up.
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Business as usual credit to wil-i-am notworthy.gif But EU agreement forbid banks to be bail out (from what I read)
Ramjade
post Sep 30 2016, 07:31 PM

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QUOTE(drake88 @ Sep 30 2016, 07:25 PM)
Isn't it too expensive to collect USD now?
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Today tes. Yesterday no. Right after OPEC declare cutting production.
Ramjade
post Oct 8 2016, 01:34 PM

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QUOTE(zacknistelrooy @ Oct 7 2016, 09:13 PM)
MYR strengthening a bit after jobs report miss.
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QUOTE(wil-i-am @ Oct 8 2016, 01:23 PM)
Despite going up, still stay within 4.15xx +/- range
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Cause they perceive that Feds will still increase rates. A trump win will put a stop in the rising USD for short term.

This post has been edited by Ramjade: Oct 8 2016, 01:34 PM
Ramjade
post Oct 13 2016, 10:00 PM

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QUOTE(langstrasse @ Oct 13 2016, 09:54 PM)
If the yuan drops is there potential for the RM to be affected as well ?
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Yes. Because lots of malaysia MGS is bought up by china government.
Ramjade
post Oct 14 2016, 12:34 PM

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QUOTE(wil-i-am @ Oct 14 2016, 12:28 PM)
I tot u bot at cheaper rate
Y u regret?
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Cause end of the year, he need to buy some more.
Ramjade
post Oct 14 2016, 02:17 PM

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QUOTE(leawitt @ Oct 14 2016, 02:05 PM)
Hopefully still ada Citi credit card ...
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Please la. You go any country also they don't accept other country cash other than their own.
Ramjade
post Oct 20 2016, 07:06 PM

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I think 5% is too ambitious. shocking.gif
Ramjade
post Oct 22 2016, 08:16 PM

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QUOTE(aromachong @ Oct 22 2016, 08:07 PM)
Singapore in my opinion... long term outlook not really OK

but it;s your money, your decision hehe..
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Care to ensure explain why singapore is not good for long term?
Ramjade
post Oct 31 2016, 12:19 PM

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QUOTE(wil-i-am @ Oct 31 2016, 12:06 PM)
Goldman Asset frets dollar’s surge may deter Fed if it goes on
http://www.theedgemarkets.com/my/article/g...-fed-if-it-goes
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You think feds will disappoint the market? I think not.

This post has been edited by Ramjade: Oct 31 2016, 12:27 PM
Ramjade
post Nov 2 2016, 11:02 AM

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QUOTE(Hansel @ Nov 2 2016, 11:00 AM)
Yep,.............. gone case already,...need to wait for the next round.
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Don't worry. If trump wins, you have short pocket of opportunity. You just have to hope he wins.

This post has been edited by Ramjade: Nov 2 2016, 11:02 AM
Ramjade
post Nov 2 2016, 11:29 AM

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QUOTE(Hansel @ Nov 2 2016, 11:22 AM)
Err,... not really, bro,... if the USD weakens, then USDMYR will fall, main reason is because the USD weakens, and NOT because the MYR strengthens.

I don't need to buy the USD, I needed to buy another currency, hence, I needed the MYR to strengthen universally across all major currencies. I am going after a cross rate here, bro,...

By the way,... even if DT does not win on Nov 8th., he will create havoc in the US. This is enough to upset the mkts and cause the mkts to fall. This is what I will be waiting for.
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USD weaken = USD will drop against MYR. No?
Ramjade
post Nov 2 2016, 06:36 PM

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QUOTE(aromachong @ Nov 2 2016, 06:25 PM)
dont take my advise seriously

my crystal ball told me i will be aiming @ 4.5 end of this december

*trade at your own risk
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So what's your take on US president? Who will win?
Ramjade
post Nov 2 2016, 07:05 PM

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QUOTE(aromachong @ Nov 2 2016, 06:51 PM)
not interested to know tongue.gif

it does not matter who wins.. prob is our fundamental .. short term effect i believe yes .. if USD head to south of course MYR north

but long term for MYR .. u know .. i know.. everybody know..
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Cannot say like that one. If policy not good, then can cause US to fall into another recession which we can see USD/MYR at 3.3 again. devil.gif
Ramjade
post Nov 3 2016, 12:02 PM

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QUOTE(MR_alien @ Nov 3 2016, 11:52 AM)
USD down abit
YEN going up???
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Cause of tuesday night event. People sold US stocks like crazy becausw people scared that Donald Trump will become president.
Ramjade
post Nov 3 2016, 12:09 PM

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QUOTE(eric84cool @ Nov 3 2016, 12:07 PM)
if Hilary win, USD up!?
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Short time. But Hansel said DT going to create big issue so it can bring USD down. One thing I am sure is if Hiliary win, Feds sure will hike interest rate.
Ramjade
post Nov 3 2016, 12:56 PM

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QUOTE(MR_alien @ Nov 3 2016, 12:51 PM)
means USD go up
but still doesn't explain yen going up laugh.gif
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When chaos happen in tbe US, investors cabut to swiss frac, gold and yen.

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