Ringgit sinks as crude’s tumble bodes ill for Malaysia finances
http://www.thestar.com.my/business/busines...aysia-finances/
USD/MYR v4
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 Aug 3 2016, 09:31 AM
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10,001 posts Joined: May 2013 
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Aug 3 2016, 09:43 AM
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6,614 posts Joined: Mar 2011
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QUOTE(wil-i-am @ Aug 3 2016, 09:31 AM) Ringgit sinks as crude’s tumble bodes ill for Malaysia finances Oh boy, thinking it can go to below 4, instead heading to 4.1. http://www.thestar.com.my/business/busines...aysia-finances/   |
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Aug 3 2016, 10:01 AM
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10,001 posts Joined: May 2013
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QUOTE(bbgoat @ Aug 3 2016, 09:43 AM) Oh boy, thinking it can go to below 4, instead heading to 4.1. Yet to reach 4.1 as presently around 4.06xx |
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Aug 3 2016, 01:34 PM
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All Stars
48,441 posts Joined: Sep 2014 From: REality
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Ringgit leads emerging currencies lower as stocks extend decline
http://www.thestar.com.my/business/busines...extend-decline/ |
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Aug 3 2016, 02:01 PM
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#345
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10,001 posts Joined: May 2013
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Touch a high of 4.07xx tis morning
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Aug 3 2016, 05:20 PM
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6,614 posts Joined: Mar 2011
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Now going to <4.05. Yoyo up/down.
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Aug 3 2016, 06:13 PM
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All Stars
48,441 posts Joined: Sep 2014 From: REality
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QUOTE(bbgoat @ Aug 3 2016, 05:20 PM) Now going to <4.05. Yoyo up/down. same trend like yesterday  wonder if some are "riding" the wave  |
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Aug 3 2016, 08:05 PM
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1,033 posts Joined: Dec 2009
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4.08, 4.10 resistance
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Aug 3 2016, 08:36 PM
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6,614 posts Joined: Mar 2011
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xe.com showing 4.055.
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Aug 3 2016, 09:30 PM
Show posts by this member only | IPv6 | Post
#350
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10,001 posts Joined: May 2013
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QUOTE(bbgoat @ Aug 3 2016, 05:20 PM) Now going to <4.05. Yoyo up/down. If u know how to play Yo-Yo, u will enjoy d excitement  |
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Aug 3 2016, 09:31 PM
Show posts by this member only | IPv6 | Post
#351
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10,001 posts Joined: May 2013
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Trading around 4.058x now
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Aug 3 2016, 09:52 PM
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6,614 posts Joined: Mar 2011
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QUOTE(wil-i-am @ Aug 3 2016, 09:30 PM) If u know how to play Yo-Yo, u will enjoy d excitement I want to catch it when the yo-yo is down. |
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Aug 3 2016, 09:56 PM
Show posts by this member only | IPv6 | Post
#353
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10,001 posts Joined: May 2013
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QUOTE(bbgoat @ Aug 3 2016, 09:52 PM) I want to catch it when the yo-yo is down. Not ez to catch at bottom |
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Aug 3 2016, 09:58 PM
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6,614 posts Joined: Mar 2011
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QUOTE(wil-i-am @ Aug 3 2016, 09:56 PM) Not ez to catch at bottom Have been catching it at high side and low side. So not really expecting to catch it at the lowest point.  |
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Aug 3 2016, 09:59 PM
Show posts by this member only | IPv6 | Post
#355
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10,001 posts Joined: May 2013
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QUOTE(bbgoat @ Aug 3 2016, 09:58 PM) Have been catching it at high side and low side. So not really expecting to catch it at the lowest point. If out of 10 times, u managed to catch lowest for 7 times is gud dy |
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Aug 3 2016, 10:32 PM
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6,614 posts Joined: Mar 2011
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QUOTE(wil-i-am @ Aug 3 2016, 09:59 PM) If out of 10 times, u managed to catch lowest for 7 times is gud dy Never have such luck ! |
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Aug 4 2016, 03:47 AM
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1,033 posts Joined: Dec 2009
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Closing at 4.04750, lets see if it can go below 4.02
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Aug 4 2016, 06:36 PM
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24,454 posts Joined: Nov 2010
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QUOTE(zacknistelrooy @ Aug 4 2016, 03:47 AM) Closing at 4.04750, lets see if it can go below 4.02 tough, man...crude had temp reprieve last night/this morning, helped rm. now, crude is slipping again - oversupply, as usual. usd/rm... will likely be 4.04-4.08 for some time, imo. will be very hard to make profit from this range. better look for profits elsewhere. |
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Aug 4 2016, 06:45 PM
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24,454 posts Joined: Nov 2010
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ok, if u believe this report...
QUOTE No Break for Worst Asian Currency as Clouds Gather Over Malaysia The ringgit will weaken to 4.10 per dollar by the end of September and 4.15 by year-end, according to the median estimates of analysts surveyed by Bloomberg. Rabobank is more bearish, predicting 4.15 by Sept. 30 and 4.30 by the end of December, Every said. http://www.bloomberg.com/news/articles/201...r-over-malaysia |
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Aug 4 2016, 10:41 PM
Show posts by this member only | IPv6 | Post
#360
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10,001 posts Joined: May 2013
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QUOTE(zacknistelrooy @ Aug 4 2016, 03:47 AM) Closing at 4.04750, lets see if it can go below 4.02 Mission impossible |
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