Welcome Guest ( Log In | Register )

16 Pages « < 5 6 7 8 9 > » Bottom

Outline · [ Standard ] · Linear+

 USD/MYR v5

views
     
TOMEI-R
post Mar 2 2017, 04:14 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(kopifan @ Mar 2 2017, 07:38 AM)
As much as I hate to say, sgd is advancing to 3.25 level imho  doh.gif
*
Well, Sgp government manages the economy well. Cant blame them. But to be honest, I think many countries are doing fine because the only currency that is on a free fall now seems to be only the RM. shakehead.gif
TOMEI-R
post Mar 3 2017, 03:59 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(AVFAN @ Mar 3 2017, 01:10 PM)
SGD can be used in JB soon?!
*
Who doesn't want SGD now. Its 3.18 today at the money changers. sweat.gif
TOMEI-R
post Mar 4 2017, 01:04 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(kopifan @ Mar 4 2017, 07:46 AM)
So far i saw buy @3.153 (MVM) and sell @ 3.19 (KLCC)  rclxub.gif
*
KLCC money changes more because a lot of tourists there.
TOMEI-R
post Mar 8 2017, 02:01 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(prophetjul @ Mar 8 2017, 10:13 AM)
At this juncture, it is no longer about economic numbers and such. It is above risk and confidence in the politics of the nation.
SG, a stable and transparent nation vs Msia, an unstable and rather opaque governance with multiple socio/political/religious risks.
Where, as a FDI would you rather?
*
Sounds reasonable if you are looking at Malaysia from an investor viewpoint. The problem is, our people especially those in power likes to live a life of denial. Being so, they are hoping to make everyone feel the same too.
TOMEI-R
post Mar 10 2017, 04:32 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(AVFAN @ Mar 9 2017, 06:08 PM)
My approach is simple.

No need to overthink, over calculate, over anticipate.... the info is never all there in the first place.

IF want to buy, just buy in the quantities u need.

If no need, or no use for the fx, dun buy.

I have bought.

Now, i wait for month end, see what happens then.

If favorable, i will cash out the amount i planned.

Need some RM to help out the flagging economy here. laugh.gif
*
Correct. Wont be able to change all at once. So change a bit at a time. So whether it drops for increases, we wont lose too much either. Only downside is you wont earn much either. For me, unless SGD drops to 3.05 to 3.1, I wouldn't put all my eggs in the same basket at the same time. nod.gif
TOMEI-R
post Mar 11 2017, 04:01 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(Ramjade @ Mar 11 2017, 02:46 PM)
I think it's weekend hence money changer hike the price. Hopefully nest week drop.
*
Nope. Usually it will drop on the weekends because there are not much trading activities going on and hence the slight drop. But I saw SGD climbed up again this morning. sweat.gif

AUD is nice though... Slightly below 3.40.

This post has been edited by TOMEI-R: Mar 11 2017, 04:03 PM
TOMEI-R
post Mar 12 2017, 01:27 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(Hansel @ Mar 12 2017, 12:51 PM)
TQ TO BRO AVFAN FOR THE UPDATES !!!!! ALWAYS APPRECIATED THE EFFORT FOR KEEPING TRACK OF IMPORTANT NEWS AND UPDATING US HERE !
*


Your keyboard rosak bro? biggrin.gif

This post has been edited by TOMEI-R: Mar 12 2017, 01:27 PM
TOMEI-R
post Mar 13 2017, 06:44 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


SGD still strong at 3.15s... sweat.gif
TOMEI-R
post Mar 14 2017, 09:28 AM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(AVFAN @ Mar 13 2017, 08:56 PM)
this place is designed for rich china people to make 2nd home.

locals will not buy, will not rent.

the poilitikus are now saying it's ok, others will buy... maybe arubs with billions to donate.
*
The once extravagant and Malay worshipped Arabs are a thing of the past already. More so with the low barrel prices now. Chinaman is the new breed of tycoons now, pouring money all over the world to gain more assets and business opportunities. No secret that even our leaders are kowtowing to them.
TOMEI-R
post Mar 14 2017, 03:40 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


Raising gst rates and strengtening the RM are two different issues. How sure are you GST money collected are used for its intended usage?
TOMEI-R
post Mar 14 2017, 11:01 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(Ramjade @ Mar 14 2017, 10:52 PM)
But RMB also dropping what. China burning through reserve like no tomoorow hmm.gif  confused.gif
*
Aud and Sgd took a slight dip today. Didnt seize the opportunity? grin.gif

This post has been edited by TOMEI-R: Mar 14 2017, 11:02 PM
TOMEI-R
post Mar 14 2017, 11:14 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(Ramjade @ Mar 14 2017, 11:05 PM)
Took. If it drop some more tomorrow will tambah some more drool.gif  devil.gif
*
Lets see what happens tmw. rolleyes.gif
TOMEI-R
post Mar 16 2017, 04:08 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(kopifan @ Mar 16 2017, 07:36 AM)
All forex (except USD) spiked vs MYR after 0.25% rate hike  rclxub.gif

AUD +2.1%
NZD +1.6%
EURO +1.3%
GBP +0.9%
SGD +0.8%
*
QUOTE(Ramjade @ Mar 16 2017, 07:46 AM)
Gone la. Another round of decreasing RM sad.gif  cry.gif
*
Itu dia... SGD 3.163 at fav money changers as of today. AUD at 3.435. sweat.gif
TOMEI-R
post Mar 16 2017, 04:10 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(AVFAN @ Mar 16 2017, 02:30 PM)
sure he will.

options are:

.. cut gomen spending, incl giving out free money
.. raise gst, raise other taxes
.. issue new sukuks and bonds, i.e. borrow more
.. sell more national assets to foreigners


which one(s) u think? biggrin.gif
*
I would say no 2 till no 4. Jibby just increased his PMO's budget allocation during last budget.

For no 4, now who is selling out the Malays now? The Chinese or DAP? rolleyes.gif

This post has been edited by TOMEI-R: Mar 16 2017, 04:18 PM
TOMEI-R
post Mar 16 2017, 04:19 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(Ramjade @ Mar 16 2017, 04:14 PM)
I think it might tank to back to 3.155 once the euphoria is over... sad.gif
*
I would disagree. SGD is known to go up and rarely comes down.
TOMEI-R
post Mar 17 2017, 11:02 AM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(Ramjade @ Mar 17 2017, 10:04 AM)
Go check midvalley la tongue.gif
Like that 3.2 is possible sad.gif  cry.gif
*
3.2 is immininent!

QUOTE(Hansel @ Mar 17 2017, 10:14 AM)
I saw the econ numbers,... I keep thinking why the 'f' can their economy improve when almost everybody else is struggling ??? Couldn't be they're bs-ing their numbers,...
*
Only one answer to that. The whole country is being run by.... whistling.gif
TOMEI-R
post Mar 17 2017, 11:10 AM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(AVFAN @ Mar 17 2017, 10:20 AM)
there has been a slew of news pointing to a strengthening sg economy again - property and exports in particular.
sg stocks, sgreits, sgd - will stay strong.

of course, if still on a rm->sgd buying spree, that offers little chance. then again, u can't get all of it right all the time! the volatility is certain to keep coming, no doubt. the $'s been hammered sicne rate hike, compounded by the strong euro. but it's always the same... give it a few weeks and the $ bulls will return.

the question then is will BNM continue to crawl peg? somehow, given all i know at this time, i hold the view that there simply isn't enough fx ammo for RM to follow closely when $ goes up but will follow when $ goes down. dunno when but at some point, i say it will break away - that, i need not describe the details. tongue.gif
*
For me, it you are looking to be on Rm-> SGD buying, I would not think there would be any drop on the SGD side. If it lowers a little, like what happened on Wednesday, then its time to stock up. SGD has been going upwards since Thursday till today.
TOMEI-R
post Mar 20 2017, 05:08 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(kopifan @ Mar 20 2017, 06:22 AM)
Don't really care about reason. Reasons r aftermath  hmm.gif
*
You still need a reason to boost investor confidence. And just another GE which will be manipulated by some party is not one of it.
TOMEI-R
post Mar 20 2017, 05:10 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(AVFAN @ Mar 20 2017, 11:00 AM)
$ still weakening, $ index 99.98.

RM goes down with it at 4.435.

So, AUD and SGD now near all time highs against RM.
still hopeful RM will strengthen big time? tongue.gif
*
Tell us something new. yawn.gif

Maybe some here might want to shift their focus on the USD instead?
TOMEI-R
post Mar 20 2017, 05:16 PM

Extraordinaire
*********
All Stars
24,219 posts

Joined: Mar 2007
From: Kuala Lumpur


QUOTE(Ramjade @ Mar 20 2017, 05:10 PM)
If same old thing, don't you think it will boost the RM for short term? Investor like stability and dislike volatility.
*
Yes, but corruption and abuse of power and misuse of public funds will equal to instability.

16 Pages « < 5 6 7 8 9 > » Top
 

Change to:
| Lo-Fi Version
0.1107sec    0.60    7 queries    GZIP Disabled
Time is now: 15th December 2025 - 09:57 AM