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 USD/MYR v4

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bbgoat
post Aug 5 2016, 10:32 PM

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QUOTE(wil-i-am @ Aug 5 2016, 10:28 PM)
Dollar rallies after robust US jobs report
http://www.theedgemarkets.com/my/article/d...-us-jobs-report

Bad news for MYR next week
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Oh shxx. Have read in the Star today about RM going to 4.10 by Sept, then to 4.15. Some analyst even talking about 4.4 after another rate cut. cry.gif
bbgoat
post Aug 5 2016, 10:36 PM

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QUOTE(wil-i-am @ Aug 5 2016, 10:33 PM)
Have u purchase or still shopping around?
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Decided to buy by next Friday come rain or shine. But it looks like RM going south next week ! cry.gif
bbgoat
post Aug 5 2016, 10:45 PM

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QUOTE(nexona88 @ Aug 5 2016, 10:39 PM)
GG lor.. US Job stat is good

4.10 MYR above coming next week blush.gif
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Wasai, so should have bot this week. tongue.gif
bbgoat
post Aug 6 2016, 08:16 AM

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QUOTE(nexona88 @ Aug 5 2016, 10:46 PM)
well we don't have
user posted image
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Good one ! thumbsup.gif
bbgoat
post Aug 8 2016, 12:47 PM

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US job data did not cause severe problem for RM ? hmm.gif
bbgoat
post Aug 8 2016, 01:37 PM

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QUOTE(wil-i-am @ Aug 8 2016, 12:54 PM)
They have yet to hike int rate
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What do u think the range for this week ? devil.gif
bbgoat
post Aug 8 2016, 02:11 PM

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QUOTE(wil-i-am @ Aug 8 2016, 02:09 PM)
There is no major announcement tis week
I wud predict around 4.05 +/-
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Hopefully crude price can go up, then RM go North ? hmm.gif
bbgoat
post Aug 8 2016, 04:13 PM

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QUOTE(nexona88 @ Aug 8 2016, 04:09 PM)
7 Aug 2016 08:00 UTC - 8 Aug 2016 08:06 UTC
USD/MYR close: 4.03369 low: 4.03100 high: 4.04974
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Nice trend down. Good for me ! Ready to spring into action ! rclxms.gif

http://www.xe.com/currencycharts/?from=USD&to=MYR&view=12h
bbgoat
post Aug 8 2016, 04:27 PM

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QUOTE(nexona88 @ Aug 8 2016, 04:16 PM)
Buy Buy BuyĀ  blush.gif
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thumbsup.gif

QUOTE(wil-i-am @ Aug 8 2016, 04:16 PM)
Tis week?
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Decided to end the anguish by buying this week. sweat.gif So watching like an eagle. Ready to move out MBB GIA-i fund any time within this week to buy. whistling.gif

This post has been edited by bbgoat: Aug 8 2016, 04:27 PM
bbgoat
post Aug 8 2016, 04:40 PM

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QUOTE(nexona88 @ Aug 8 2016, 04:28 PM)
good luck on buying  thumbsup.gif
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Need that luck ! The wild fluctuation really make ones heart jumping up and down. Missed the 3.8x back in April and now looking at 4.0x. sweat.gif But still much better than the 4.45 bought in Jan 2016 ! rclxub.gif
bbgoat
post Aug 8 2016, 04:57 PM

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QUOTE(wil-i-am @ Aug 8 2016, 04:48 PM)
Wat if it appreciate the moment u bot?
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Hahaha, then bangwall.gif bangwall.gif bangwall.gif .........................


QUOTE(nexona88 @ Aug 8 2016, 04:51 PM)
the rate u bought previously is very high..

I guess won't reach for now.. even 4.10 barrier also hard to break..
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Looks like that for now unless there is some big events happening. thumbsup.gif
bbgoat
post Aug 8 2016, 05:18 PM

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QUOTE(nexona88 @ Aug 8 2016, 04:58 PM)
yup. we cannot really predict the movement..

just buy batch by batch  dry.gif
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Have tried that but need to open foreign currency account and need to maintain minimum amount per month. So gave up the idea. blush.gif
bbgoat
post Aug 8 2016, 05:30 PM

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QUOTE(wil-i-am @ Aug 8 2016, 05:10 PM)
There is no regret if your purchase is for specific purpose
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QUOTE(wil-i-am @ Aug 8 2016, 05:20 PM)
Too troublesome for a HNWI like u  smile.gif
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Save, save money for raining day ................... whistling.gif
bbgoat
post Aug 8 2016, 08:29 PM

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QUOTE(nexona88 @ Aug 8 2016, 06:09 PM)
Closing was 4.0405 as per BNM @ 8 Aug 2016 (Monday)
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Funny that xe.com always shows lower after M'sia side closing ? After hours support ?
bbgoat
post Aug 9 2016, 09:41 AM

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QUOTE(heavensea @ Aug 9 2016, 09:31 AM)
Where shd I keep the usd before change to rm?

Shd I open a.foreign currency account (0.11% interest p.a.). Or just simply keep it "under pillow".
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Which bank is it ? Any minimum amt ? I checked few foreign banks, all have minimum amt and monthly charges type of things.
bbgoat
post Aug 9 2016, 09:46 AM

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QUOTE(wil-i-am @ Aug 9 2016, 09:44 AM)
U can keep with me as it's FOCĀ  smile.gif
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I want to buy first and keep. Are u selling ? devil.gif

This post has been edited by bbgoat: Aug 9 2016, 09:46 AM
bbgoat
post Aug 9 2016, 09:48 AM

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QUOTE(wil-i-am @ Aug 9 2016, 09:22 AM)
Ringgit in spotlight as crude oil jumps 3%
http://www.theedgemarkets.com/my/article/r...ude-oil-jumps-3
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'That is what I meant yesterday that crude oil price could affect RM movement. biggrin.gif
bbgoat
post Aug 9 2016, 10:09 AM

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QUOTE(wil-i-am @ Aug 9 2016, 09:44 AM)
U can keep with me as it's FOC  smile.gif
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QUOTE(wil-i-am @ Aug 9 2016, 09:48 AM)
Yes but target @ 4.08
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With interest at 10% pa. biggrin.gif
bbgoat
post Aug 9 2016, 07:26 PM

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Looks like going to hang around 4.03, cannot go down much. biggrin.gif

8 Aug 2016 23:10 UTC - 9 Aug 2016 11:19 UTC
USD/MYR close:4.02764 low:4.02353 high:4.03599

bbgoat
post Aug 9 2016, 07:59 PM

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QUOTE(AVFAN @ Aug 9 2016, 07:50 PM)
this will come if...

crude takes another leg down to <40.

it has risen from 39 to >43 in the last 2 days due to "opec will meet soon" news.

that held the rm good.

when the opec news becomes nothing like it usually does, and oil stocks balloon further, rm will decline.

i'll wait a month. i am still looking for 4.1x.
in the unlikely event opec does agree on something solid in sep, be quick to sell yr $! biggrin.gif
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Did they say when they will meet, any date ?

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