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 USD/MYR v4

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TSwil-i-am
post Jul 21 2016, 11:16 PM

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QUOTE(ninjawin @ Jul 21 2016, 11:03 PM)
4.1 , 4.14  if break 4.14 will go upwards
*
The higher the better
TSwil-i-am
post Jul 22 2016, 08:36 AM

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QUOTE(ninjawin @ Jul 21 2016, 11:54 PM)
hahaha..of course i wish it goes higher.. but i do whatever graph tells me to.  rclxm9.gif

i believe 4.1 is quite possible (provided no fundamental change) . Once hit 4.1 it will decide whether it will head north or south again.
*
It could touch 4.10 by tis mth
TSwil-i-am
post Jul 23 2016, 12:25 PM

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QUOTE(AVFAN @ Jul 23 2016, 10:48 AM)
if data continues to improve, the chance of rate hike will rise thru dec.

for now, this factor is probably going to be the most impt for USD-RM.
Futures show a 45% chance of the Federal Reserve increasing interest rates by December, compared with 9% at the end of June, after data on retail sales, housing and employment in the U.S. beat economists’ estimates.
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Unofficially trading at 4.078x now
TSwil-i-am
post Jul 23 2016, 05:24 PM

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Malaysian Fund Pilfering Claim Shines Light on Law Firm’s Role
http://www.bloomberg.com/news/articles/201...law-firm-s-role

MYR will continue to follow tis news next week
TSwil-i-am
post Jul 23 2016, 08:25 PM

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QUOTE(bbgoat @ Jul 23 2016, 07:08 PM)
Headline:
Ringgit likely to be volatile next week

https://www.malaysiakini.com/news/349635
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Your timeline in Aug is getting closer
TSwil-i-am
post Jul 24 2016, 07:31 AM

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QUOTE(ninjawin @ Jul 23 2016, 10:17 PM)
No idea.. 4.0782 now..i guess anytime.
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Heading to 4.10 soon...
TSwil-i-am
post Jul 24 2016, 01:34 PM

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Those who r keen to lock-in gud rate for USD may try tis link as they offer USD/MYR @ 4.044 now

http://eforex.com.my/index.php
TSwil-i-am
post Jul 24 2016, 04:01 PM

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QUOTE(ninjawin @ Jul 24 2016, 03:22 PM)
this is one scary website.
*
Can share more insights?
TSwil-i-am
post Jul 25 2016, 09:14 AM

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QUOTE(ninjawin @ Jul 25 2016, 12:13 AM)
This is just purely my opinion. The site doesnt seem to have enough authority. It has a DA of 10 and PA of 1 which means that this site is not really well known. https://moz.com/researchtools/ose/ I can't be sure if this site is young. The design also does not seem professional enough for a finance related site. Personally.. I won't spend more than few hundreds on these kind of sites.  I will definitely go for COD transaction when dealing with something like these.
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I tot consumer is keen on rates ony besides security issue hmm.gif
TSwil-i-am
post Jul 25 2016, 09:16 AM

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Trading at 4.085x now
TSwil-i-am
post Jul 26 2016, 08:29 AM

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QUOTE(KTCY @ Jul 25 2016, 07:38 PM)
slow Monday yawn.gif
*
Wat is your expectation?
TSwil-i-am
post Jul 26 2016, 08:29 AM

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Around 4.089x now
TSwil-i-am
post Jul 26 2016, 10:40 PM

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QUOTE(KTCY @ Jul 26 2016, 12:19 PM)
4.1 before fomc this week laugh.gif
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It's so near n yet so far cry.gif
TSwil-i-am
post Jul 26 2016, 11:00 PM

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QUOTE(bbgoat @ Jul 26 2016, 06:16 PM)
Small difference ony
TSwil-i-am
post Jul 27 2016, 06:41 PM

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QUOTE(AVFAN @ Jul 27 2016, 11:13 AM)
next few days may see major change...

.. fed statement 28/7
.. boj action/inaction 29/7
.. bijan new dictatorial powers 1/8
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M ready to sell
TSwil-i-am
post Jul 27 2016, 06:42 PM

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Trading around 4.08xx today
TSwil-i-am
post Jul 27 2016, 07:29 PM

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QUOTE(ninjawin @ Jul 27 2016, 12:57 PM)
Oil also fell badly..Deloitte quits from 1MDB. Seems all fundamentals against ringgit. The only thing positive is probably the bailout from China.
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EY, KPMG n Deloitte gone
Looks like PWC is d best candidate
TSwil-i-am
post Jul 28 2016, 09:16 AM

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QUOTE(ninjawin @ Jul 27 2016, 10:38 PM)
ABC...ali bala dan chong.
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The next on d line shld b tier 2 auditors
TSwil-i-am
post Jul 28 2016, 07:10 PM

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QUOTE(AVFAN @ Jul 28 2016, 12:58 PM)
no fed hike, fed comments neutral, sep looking unlikely as well.

anxiety evaporates, usd weakens, rm strengthens.

wait again... biggrin.gif
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It's so near n yet so far cry.gif
TSwil-i-am
post Jul 28 2016, 07:10 PM

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Just checked n was trading around 4.05xx now

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