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 USD/MYR v4

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TSwil-i-am
post Nov 7 2016, 12:30 PM

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Awaiting MYR to touch 4.25 by tis week
TSwil-i-am
post Nov 7 2016, 01:37 PM

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Bank Negara to leave OPR at 3% in 2016, says HLIB Research
http://www.theedgemarkets.com/my/article/b...s-hlib-research
TSwil-i-am
post Nov 8 2016, 10:03 AM

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QUOTE(Puteih @ Nov 7 2016, 10:44 PM)
Will the USA's election have any effect on our currency soon? Like Brexit, although in short amount of time but the rate goes down so quickly
*
Answer will b out soon
Stay tuned...
TSwil-i-am
post Nov 8 2016, 10:04 AM

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MYR is holding on to 4.21xx now
TSwil-i-am
post Nov 8 2016, 03:07 PM

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Popularity becomes curse for Malaysia, Indonesia currencies
http://www.theedgemarkets.com/my/article/p...esia-currencies
TSwil-i-am
post Nov 8 2016, 06:50 PM

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Stocks Advance as Currency Swings Die Down on U.S. Election Day
http://www.bloomberg.com/news/articles/201...-vote-day-dawns
TSwil-i-am
post Nov 9 2016, 02:56 PM

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QUOTE(bbgoat @ Nov 9 2016, 02:29 PM)
From CNN's report, looks like Trump will win. Interesting race and unexpected (or expected) results !?  brows.gif

USD movement after this ?  hmm.gif
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Unexpected win for DT
MYR weaken from 4.17 tis morning to 4.22 now
TSwil-i-am
post Nov 9 2016, 03:03 PM

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QUOTE(bbgoat @ Nov 9 2016, 02:58 PM)
Ya, it looks like Clinton initially but now quite sure will be Trump.  bye.gif
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DT is leading with 265 against HC @ 218
TSwil-i-am
post Nov 9 2016, 05:13 PM

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QUOTE(Drian @ Nov 9 2016, 04:27 PM)
hmm I have stocks in USD, should I sell or not ..hmm
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Too late to sell as future tumble
TSwil-i-am
post Nov 9 2016, 05:16 PM

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Key events to watch tonite include USD crude oil inventories n USD 10 years note auction
TSwil-i-am
post Nov 10 2016, 02:01 PM

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Glad to c MYR briefly touched 4.26xx tis morning
TSwil-i-am
post Nov 10 2016, 02:04 PM

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QUOTE(AVFAN @ Nov 10 2016, 11:32 AM)
a currency like that can strengthen?!

4.30 anytime now with fed hike looming.

2017 may see 4.50.

come 2020, m may get to see 5.0 - n's gift to him.
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I will b happy if MYR can touch 4.30 by end of Nov 2016 icon_idea.gif
TSwil-i-am
post Nov 10 2016, 06:46 PM

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QUOTE(AVFAN @ Nov 10 2016, 02:27 PM)
u might get it tmrw! tongue.gif
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U r rite
My spectacle almost drop when I saw MYR was trading @ 4.276x now thumbup.gif
TSwil-i-am
post Nov 10 2016, 08:14 PM

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QUOTE(AVFAN @ Nov 10 2016, 07:45 PM)
4.295.

the way it's going, tmrw it will be.

we will read what bnm, bernama or ambank say tmrw.
i think what we are seeing now is a mix of bursa selloff, mgs liquidation,forward hedging and capital flight.

becos trump and congress will probably rip TPPA apart soon.

while mo1&co. will have to wait for beijing cash that may never come.
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Have officially cross 4.30 mark rclxms.gif
TSwil-i-am
post Nov 11 2016, 07:52 AM

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The depreciation of MYR was way too fast
M not sure whether it has anything to do with Q3/16 GDP data to b release by BNM today or any hidden factors
TSwil-i-am
post Nov 11 2016, 08:02 AM

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QUOTE(AVFAN @ Nov 11 2016, 12:22 AM)
pretty bad, still going down.

4.362 just now.

-4% in 2 days... err... blink.gif

think it is at or near all time low with aud, yen, sgd.

there should be headlines tmrw...
your christmas party next month will cost 5% more.
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M just wondering whether d xtra payout via BR1M next yr is sufficient to off-set the spectacular rise in cost of livings hmm.gif

TSwil-i-am
post Nov 11 2016, 12:48 PM

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QUOTE(aromachong @ Nov 11 2016, 09:14 AM)
looks like we dont have to eait for dec for 4.5.. my crystal ball...
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Managed to close all position at 4.50 plus short some
Will buy in tis afternoon to cover position
TSwil-i-am
post Nov 11 2016, 12:50 PM

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MYR appreciated to 4.38xx now after touching 4.37
TSwil-i-am
post Nov 11 2016, 01:07 PM

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QUOTE(MR_alien @ Nov 11 2016, 01:06 PM)
subsiding already
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A lot of Ppl suffer mentality herd tis morning which lead to rapid depreciation
TSwil-i-am
post Nov 11 2016, 01:11 PM

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QUOTE(jack2 @ Nov 11 2016, 12:20 PM)
*BREAKING UPDATE!!!*📢

Ringgit is facing great sell off today because:
1.) the hope of new US President Donald Trump will bring "America Great Again". Market has suddenly turned 180 degree and support Donald Trump vision instead fearing him now.
2.) the high possibilities of US rate hike due to the inflationary that is going to happen due to upcoming very large spending by Donald Trump to build walls and infrastructures

These two main factors is driving US market very very much uptrend.

Thus, many USD (mainly) and other foreign currencies wants to go back to US (leaving Malaysia) and thus Ringgit has been sold off crazily now. Ringgit is weakening big time now!

To avoid Ringgit to weaken any furthur, Bank Negara has issued an order to ban all foreign currency exchange that involves MYR. So no FX conversion and DCI involving MYR for all banks and money changer today.
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Sure boh...
Can't find any press release at BNM website

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