Morgan Stanley predict USD will fall by 5%
http://www.bloomberg.com/news/articles/201...come-for-dollar

mostly 3.95 - 4.15 imo .. hold tight & ride it hard

This post has been edited by aromachong: Jul 31 2016, 11:12 AM

Do u have any open position now?

Well almost near to my expected range

nope. will only buy when it hits 3.80

Perhaps u need to wait patiently

haha.. no worries

whether it hits or not.. i guess i am at aussie by that time..

Well 3.8 is target. But looks like impossible to achieve now. Will just have to see what is best price to buy.

OK, when it reach 3.8, will say to u, "hello mate ................."

Dun forget to update here

where is 4.1

31 Jul 2016 07:15 UTC - 1 Aug 2016 07:29 UTC
USD/MYR close: 4.02386 low: 4.01558 high: 4.05250

where's 3.99 MYR

no major drivers at this time.

there should be by year end... chance of:

.. fed rate hike
.. msia gdp slowdown
.. bnm cut rate again
.. foreign funds exit msia due to...@#$%
.. crude price <40

meanwhile, dun wait for fx to move, better put yr usd or sgd or rm to work harder.

This post has been edited by AVFAN: Aug 1 2016, 08:15 PM

Coming soon
Stay tuned...

1.00 USD = 4.05645 MYR

was thinking can break 4.00 barrier & go towards 3.95, but instead went towards 4.05

mi too ...........

USD weakening fast..MYR weakening even faster !!!

Now appreciated to 4.02xx

lol going back towards 4.05

really swing up & down.. good for trading

Might be heading back to 4.06/4.07 due to oil