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 USD/MYR v4

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jack2
post Nov 11 2016, 10:24 AM

Mr
********
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so happy with 4.50 now
jack2
post Nov 11 2016, 10:27 AM

Mr
********
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15,192 posts

Joined: Oct 2004
QUOTE(fujkenasai @ Nov 11 2016, 10:26 AM)
some1 semms to hold lots of usd icon_idea.gif
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yes, over USD20k
jack2
post Nov 11 2016, 10:34 AM

Mr
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QUOTE(fujkenasai @ Nov 11 2016, 10:33 AM)
user posted image

so today happy shopping luuuu
ringgit stablizes at 4.51
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so cute you copied my fat pig
jack2
post Nov 11 2016, 10:38 AM

Mr
********
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cant believe with 3000 pips
jack2
post Nov 11 2016, 10:46 AM

Mr
********
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QUOTE(fujkenasai @ Nov 11 2016, 10:41 AM)
with so much earnings sure cute la
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you can join my boot
jack2
post Nov 11 2016, 10:52 AM

Mr
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QUOTE(fujkenasai @ Nov 11 2016, 10:51 AM)
where u boot?
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FX
jack2
post Nov 11 2016, 12:20 PM

Mr
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*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.
jack2
post Nov 11 2016, 12:26 PM

Mr
********
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QUOTE(Arvinaaaaa @ Nov 11 2016, 12:25 PM)
I wonder how long bank negara will post this ban?
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kia suu
jack2
post Nov 11 2016, 01:29 PM

Mr
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QUOTE(Chinoz @ Nov 11 2016, 01:28 PM)
My view is for USD/MYR to be in the 4.4-4.5 range in the coming few months.

Reasons outlined by jack2 above.
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now turun lo... RM4.39
jack2
post Nov 11 2016, 02:19 PM

Mr
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I bet when RM is opened, it will be more worst
jack2
post Nov 14 2016, 12:22 PM

Mr
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QUOTE(AVFAN @ Nov 14 2016, 11:52 AM)
good read... so many problems...
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Not so understand.. hehe
jack2
post Nov 17 2016, 09:14 AM

Mr
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QUOTE(knight @ Nov 17 2016, 04:02 AM)
With such downfall of the ringgit, It's seems like Ringgit seems not getting any better. So what you guys did for your savings? Do you put it in foreign currency account?
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Invest in forex investment... huhu
jack2
post Nov 18 2016, 08:37 AM

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QUOTE(bbgoat @ Nov 18 2016, 08:27 AM)
Initially planning to buy early Jan, now have to make some switches. Sell FP or terminate FD placed earlier ?  bruce.gif

I think have to really think seriously of getting some foreign currency profile !  biggrin.gif
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If you sell off FP or FD and switch to currency for investment or speculative purposes, it is not worth.
jack2
post Nov 28 2016, 09:39 AM

Mr
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QUOTE(joe_star @ Nov 28 2016, 09:09 AM)
Maybe some of you dont know pls have look below:-

AROMACHONG SCAMMER
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Be careful, he will report you and get this thread closed by cherroy
jack2
post Nov 28 2016, 10:52 AM

Mr
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QUOTE(nexona88 @ Nov 28 2016, 10:43 AM)
Reach as high of 4.47 myr / USD today..
Its gonna hit 4.50 petty soon blush.gif
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Sold some of my portfolio at RM4.46 1 hour ago.
jack2
post Nov 28 2016, 11:00 AM

Mr
********
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QUOTE(nexona88 @ Nov 28 2016, 10:54 AM)
U plan to re enter again?
And what's your take on myr.. Would it ever reach 5.00 or not hmm.gif
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Won't reenter as I have monthly incoming funds which is in USD. So I will sell off from time to time...

I target 4.8 but right now the volatility would be a bit slow.
jack2
post Nov 28 2016, 12:05 PM

Mr
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QUOTE(joe_star @ Nov 28 2016, 11:35 AM)
Well reason being ppl unaware might turn to him for advice, which might not be prudent considering his unresolved case

Furthermore in mobile mode the dispute tag is not readily visible
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I know. I get reported by him about this highlight last week and this thread get locked by Cherroy.

That why I wanted to remind you about this and his power in lowyat and get that CC staff locked this thread..

powerful la him...
jack2
post Nov 28 2016, 12:51 PM

Mr
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QUOTE(limeuu @ Nov 28 2016, 12:44 PM)
while this is a thread on usd/myr exchange rates, there is nothing wrong if members of the lyn community alert others, especially new comers about issues with some forumers...

i for one did not know about the dispute facing aromachong until highlighted here...so thanks to avangelice for bringing this up....

as to moderators, i fell some are over zealous in their role, and some common sense needs to be used, in setting the borders of a topic...
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i agree with you but our mod or staff did not think so.

The thread get locked just because of that aroma

powerful he is until mod needs to listen to him/her/
jack2
post Dec 2 2016, 08:43 AM

Mr
********
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QUOTE(CoolMan39 @ Dec 1 2016, 09:06 PM)
If you are looking for Extra Income, please PM me.
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you will be out here as there are many experts here.

JJ is out la bro

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