How to do that ? Other than being PB customer ? I am PB customer of CIMB. But I think it takes more than that to deal with their treasury team directly. Do advise, please. Or PM me.

PM sent.

Quote:
The won and the ringgit were the best performing currencies in Asia along with the Taiwan dollar.

Tomorrow, another gain for RM ? Still plan to buy USD. But RM volatility still there, I think.

I think 4.0 and 3 cents premium at 4.03 is good enough for me.

Oh shxx. Hope its inventory is LOW ! If not will affect RM tomorrow !

Hope tomorrow USD down a little bit more !

9 Aug 2016 23:00 UTC - 10 Aug 2016 11:08 UTC
USD/MYR close:3.98810 low:3.98600 high:4.03005

This post has been edited by bbgoat: Aug 10 2016, 07:13 PM

So that is bad news for crude oil price. Still intend to buy Thursday unless RM goes South tomorrow by 10 cents !

My itchy hand say down USD, down boy ! Going to terminate my MBB GIA-i tomorrow for some action.

Question is how long will USD go down and when will it rebound ? Hard question, I guess.

Crude oil price going up. Bodes well for RM !

Earlier target 3.8. So not that happy.

Delay to Friday to buy ?

Oh oh, no shxx, then have to buy TODAY !

http://www.nasdaq.com/markets/crude-oil.aspx?timeframe=1m

Crude oil dropped, xe.com showed >4.0.

OK guys, bought and settled the buying of USD today.

Before going saw the USD rate moving up. Withdrew out the MBB GIA-i amount and xfer to CB. Just minutes to receive it in CB acct using RENTAS. Really FAST !!

Went to CB Citigold centre. Was told their rate is 4.0445. Asked for better rate for Citigold customer. They called their treasury and minutes later said best rate 4.036. So settled at that rate. CB premium for TT is about 3 cents from what I see in the past.

Anyway this is much better than the 4.45 rate that I paid for in Jan. Difference of >RM10k for the same USD !!! Shxx !

There was a saying always buy at the turning point so you don't miss the bottom !

After so much "play, play", finally got it settled. In a way fun and learned few tips here and there. Talked to some leng lui RM also. But scare they will pull me to buy some investment products. Hahaha !

That is true. After the turning point, it came DOWN again. Even professionals got caught there also.

I saw a high of 4.02 today. At least I avoided the TT rate of 4.05 !

But last Jan, after the TT, at end of day, it want down by 2 cents !

Did not ask as doing TT, the bank will definitely earn, depends on their spread. But I know their premium seems to be about RM0.03 from published rate for USD. I am doing TT.

This post has been edited by bbgoat: Aug 11 2016, 03:59 PM

So will continue play play now until early Jan 2017.

Today high at 4.02198.

10 Aug 2016 22:00 UTC - 11 Aug 2016 10:04 UTC
USD/MYR close:4.00495 low:3.99539 high:4.02198