Awaiting MYR to touch 4.25 by tis week
USD/MYR v4
USD/MYR v4
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Nov 7 2016, 12:30 PM
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#521
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10,001 posts Joined: May 2013 |
Awaiting MYR to touch 4.25 by tis week
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Nov 7 2016, 01:37 PM
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#522
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10,001 posts Joined: May 2013 |
Bank Negara to leave OPR at 3% in 2016, says HLIB Research
http://www.theedgemarkets.com/my/article/b...s-hlib-research |
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Nov 8 2016, 10:03 AM
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#523
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10,001 posts Joined: May 2013 |
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Nov 8 2016, 10:04 AM
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#524
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10,001 posts Joined: May 2013 |
MYR is holding on to 4.21xx now
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Nov 8 2016, 03:07 PM
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#525
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Popularity becomes curse for Malaysia, Indonesia currencies
http://www.theedgemarkets.com/my/article/p...esia-currencies |
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Nov 8 2016, 06:50 PM
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#526
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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 |
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Nov 9 2016, 02:56 PM
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#527
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10,001 posts Joined: May 2013 |
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Nov 9 2016, 03:03 PM
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#528
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Nov 9 2016, 05:13 PM
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#529
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10,001 posts Joined: May 2013 |
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Nov 9 2016, 05:16 PM
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#530
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Key events to watch tonite include USD crude oil inventories n USD 10 years note auction
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Nov 10 2016, 02:01 PM
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#531
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Glad to c MYR briefly touched 4.26xx tis morning
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Nov 10 2016, 02:04 PM
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#532
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Nov 10 2016, 06:46 PM
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#533
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10,001 posts Joined: May 2013 |
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Nov 10 2016, 08:14 PM
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#534
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QUOTE(AVFAN @ Nov 10 2016, 07:45 PM) 4.295. Have officially cross 4.30 mark 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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Nov 11 2016, 07:52 AM
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#535
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10,001 posts Joined: May 2013 |
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 |
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Nov 11 2016, 08:02 AM
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#536
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QUOTE(AVFAN @ Nov 11 2016, 12:22 AM) pretty bad, still going down. M just wondering whether d xtra payout via BR1M next yr is sufficient to off-set the spectacular rise in cost of livings 4.362 just now. -4% in 2 days... err... 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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Nov 11 2016, 12:48 PM
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#537
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Nov 11 2016, 12:50 PM
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#538
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MYR appreciated to 4.38xx now after touching 4.37
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Nov 11 2016, 01:07 PM
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#539
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Nov 11 2016, 01:11 PM
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#540
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QUOTE(jack2 @ Nov 11 2016, 12:20 PM) *BREAKING UPDATE!!!*📢 Sure boh...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. Can't find any press release at BNM website |
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