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 USD/MYR v4

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bbgoat
post Aug 9 2016, 08:08 PM

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QUOTE(AVFAN @ Aug 9 2016, 08:02 PM)
An informal meeting of OPEC member countries is scheduled to take place on the sidelines of the International Energy Forum in Algeria from Sept. 26-28
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Thx. I am buying USD this week.
bbgoat
post Aug 10 2016, 08:42 AM

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QUOTE(wil-i-am @ Aug 10 2016, 08:20 AM)
Heading to 4.01xx now
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Wow, maybe I should jump in NOW ? hmm.gif
bbgoat
post Aug 10 2016, 08:48 AM

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QUOTE(wil-i-am @ Aug 10 2016, 08:43 AM)
U may try @ 4.00 mark
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Any particular events that move RM North ? Crude oil did not jump up last 24 hrs. hmm.gif

Or rather no bad news ?
bbgoat
post Aug 10 2016, 08:52 AM

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QUOTE(wil-i-am @ Aug 10 2016, 08:51 AM)
Sometimes due to sentiment
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Those analyst last week saying heading to 4.10 by Sept. doh.gif
bbgoat
post Aug 10 2016, 08:57 AM

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QUOTE(wil-i-am @ Aug 10 2016, 08:55 AM)
Possible as there is another 45+ days to go
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Anything goes ! tongue.gif

Oh, where is our Ms ? Not playing USD ? hmm.gif
bbgoat
post Aug 10 2016, 09:29 AM

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QUOTE(wil-i-am @ Aug 10 2016, 08:58 AM)
Who is Ms?
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Ms Aroma.
bbgoat
post Aug 10 2016, 09:38 AM

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QUOTE(nexona88 @ Aug 10 2016, 09:36 AM)
Buy buy buy
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I think difficult to break the 4.0. 4.0 is the resistance level. Hovering at 4.01.
bbgoat
post Aug 10 2016, 09:44 AM

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QUOTE(nexona88 @ Aug 10 2016, 09:39 AM)
Buy now, if not goes upwards to 4.05 laugh.gif
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Hahaha, anyway when I buy, have to pay USD 3 cents premium to the bank.
bbgoat
post Aug 10 2016, 10:11 AM

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QUOTE(wil-i-am @ Aug 10 2016, 10:01 AM)
U can't nego?
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Have asked for premium price for Citigold customer. After they called HQ, still say this is best price. But so far it seems to me Citibank price is the best among the banks.
bbgoat
post Aug 10 2016, 10:20 AM

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QUOTE(nexona88 @ Aug 10 2016, 10:17 AM)
Then what u waiting for..
Go grab convert faster...
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Waiting for 4.0 then buy at 4.03. tongue.gif
bbgoat
post Aug 10 2016, 10:27 AM

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QUOTE(nexona88 @ Aug 10 2016, 10:22 AM)
Lolz u are really good laugh.gif
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My money ................. devil.gif

Have already prepared myself to buy worst case at 4.10. So now CB rate of 4.0445 (just checked) is sooooo attractive. drool.gif
bbgoat
post Aug 10 2016, 10:37 AM

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QUOTE(dasecret @ Aug 10 2016, 10:29 AM)
Did you check UOB, so far I find their spot rate is the most attractive. And for privilege banking clients the spread is smaller than published rates
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For published rate, UOB still lag CB. Have not called my RM in UOB, maybe should try that. OCBC seems to be even better than UOB. It is second after CB. Thinking of calling OCBC RM and see if can give even better rate. OCBC also giving away a free gift for TT >RM100k.

For USD 1cent diff, it cost me RM260. biggrin.gif
bbgoat
post Aug 10 2016, 10:39 AM

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QUOTE(aromachong @ Aug 10 2016, 10:29 AM)
hehe i no play.... if 3.8 i will... waiting lo...

hit the target or not... not really matters.. if it hits good lo... meaning incoming free $$$
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Earlier I said if 3.8 to buy immediately. Never achieve that. Now will have to be happy with 4.0. dry.gif
bbgoat
post Aug 10 2016, 11:26 AM

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Called UOB & OCBC RM. They offered rate better than their published rate. UOB comes very close to CB rate. Just very tiny difference with CB. So still CB better. And free TT, no TT fees for Citigold customer. biggrin.gif
bbgoat
post Aug 10 2016, 12:03 PM

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QUOTE(langstrasse @ Aug 10 2016, 11:39 AM)
Hi,
What does free TT mean ? You get to do TTs to a third party account in another country in a different bank without charges ? Or is this free TT only for CB to CB account transfers ?
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Telegraphic transfer. Anyway TT charges not a big amount. Free TT for Citigold customer only, can send to anyone in other countries's bank acct.

This post has been edited by bbgoat: Aug 10 2016, 12:08 PM
bbgoat
post Aug 10 2016, 12:12 PM

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QUOTE(aromachong @ Aug 10 2016, 12:11 PM)
haha... let it be.. cause i dont really pay attention to myr now unless it attracts me with decent rates

cause will be migrating aus soon..  flex.gif
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End of the year or early next year ?
bbgoat
post Aug 10 2016, 12:13 PM

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Break the 4.0 now !
bbgoat
post Aug 10 2016, 01:04 PM

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QUOTE(wil-i-am @ Aug 10 2016, 12:18 PM)
I prefer to deal with Maybank n Cimb
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Why, I saw their published rate high esp CIMB. U getting good rate ?

QUOTE(nexona88 @ Aug 10 2016, 12:21 PM)
3.98849 MYR rclxms.gif

bbgoat faster grab
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Plan for Thursday ! bruce.gif
bbgoat
post Aug 10 2016, 01:08 PM

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Is something supporting RM ? hmm.gif
bbgoat
post Aug 10 2016, 02:04 PM

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QUOTE(KTCY @ Aug 10 2016, 01:36 PM)
what is CB rate ?
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From this morning till now 4.0445, they have not adjusted it down after the RM appreciated this morning.

QUOTE(AVFAN @ Aug 10 2016, 02:01 PM)
not really.

it's usd falling after poor economic data last night.

markets now factoring in <50% for rate hike by year end.

every currency is up >0.5% against usd today.

taiwan $ and korean won big gainers, >1% gain.

same old factors - oil, rate hike, economy... for the $.
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Thanks, good to know. rclxms.gif

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