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 USD/MYR v4

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TSwil-i-am
post Sep 13 2016, 08:19 AM

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Trading around 4.09xx +/- now
TSwil-i-am
post Sep 13 2016, 09:26 PM

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QUOTE(AVFAN @ Sep 13 2016, 06:56 PM)
fed sep rate hike fears killed with dovish fed speaker; maybe fears moved to dec.
now, there is this to contend with:

Oil Glut Will Last Longer Than Previously Thought, IEA Says
http://www.bloomberg.com/news/articles/201...sisting-in-2017

keep yr usd. biggrin.gif
*
Must realize from time-to-time to buy groceries tongue.gif
TSwil-i-am
post Sep 13 2016, 09:28 PM

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MYR depreciated by 1% to 4.132x now icon_idea.gif
TSwil-i-am
post Sep 14 2016, 08:31 AM

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Gonna break 4.15 soon
TSwil-i-am
post Sep 14 2016, 08:34 AM

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QUOTE(bbgoat @ Sep 14 2016, 08:32 AM)
Amazing to see that it went to 4.14 sooo soon !  bangwall.gif
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Some traders r expecting 4.20 by tis mth end
TSwil-i-am
post Sep 14 2016, 06:38 PM

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QUOTE(aromachong @ Sep 14 2016, 11:58 AM)
i expect 4.5 by end of this yr. sound ridiculous ?
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Nope
In fact everything is possible here
Btw, Rabobank predict 4.45 within 1 year from now
TSwil-i-am
post Sep 14 2016, 06:44 PM

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Holding on to 4.128x now
Key event to watch tonite is US crude oil inventories
TSwil-i-am
post Sep 15 2016, 08:43 AM

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Appreciated tis morning to 4.127x now
TSwil-i-am
post Sep 15 2016, 08:49 AM

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Ringgit leads decline in emerging Asian currencies
http://www.thestar.com.my/business/busines...ian-currencies/
TSwil-i-am
post Sep 15 2016, 02:13 PM

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Marching towards 4.14 level
TSwil-i-am
post Sep 15 2016, 02:41 PM

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QUOTE(AVFAN @ Sep 15 2016, 02:39 PM)
what if cut int rate in nov?!
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I will b Happy rclxm9.gif

TSwil-i-am
post Sep 15 2016, 02:50 PM

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MYR have crossed 4.151x dy
TSwil-i-am
post Sep 15 2016, 03:07 PM

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QUOTE(AVFAN @ Sep 15 2016, 03:01 PM)
it will continue in the foreseeable future.

everyday, there is news or some smart plan that will push the rm down.

there is no news or plans in sight at all that will strengthen it.
it is very bad news for a lot of people, incl these students:
*
Not sure whether 2017 Budget on 21/10 could revive MYR
TSwil-i-am
post Sep 15 2016, 05:17 PM

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QUOTE(bbgoat @ Sep 15 2016, 04:55 PM)
But by end Dec if it can recover, I am OK.  brows.gif
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If not?
TSwil-i-am
post Sep 15 2016, 05:18 PM

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Just realized it touch 4.162x earlier
TSwil-i-am
post Sep 16 2016, 07:08 AM

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QUOTE(eric84cool @ Sep 15 2016, 10:55 PM)
Come on.....need to release USD  which bought way back in YR2012/13 1USD = MYR3.1xx something....

Missed the earlier boat when USD hits 4.45 high on last year
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Wat is your target price?
TSwil-i-am
post Sep 16 2016, 07:44 AM

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Ringgit leads decline in emerging Asian currencies
http://www.thestar.com.my/business/busines...ian-currencies/
TSwil-i-am
post Sep 16 2016, 12:49 PM

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QUOTE(eric84cool @ Sep 16 2016, 10:34 AM)
probably 4.2 will start selling USD.....
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It's possible provided u have the patience
Having said tat, your wish could b a dream too
TSwil-i-am
post Sep 16 2016, 08:23 PM

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QUOTE(AVFAN @ Sep 16 2016, 06:53 PM)
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? tongue.gif
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I dun think Janet will raise int rate next week
TSwil-i-am
post Sep 16 2016, 09:00 PM

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Gonna touch 4.15 anytime now
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