Today it climbed down to 4.42. Very strong resistance at 4.50 it seems.
USD/MYR v5
USD/MYR v5
|
|
Dec 7 2016, 05:05 PM
Return to original view | Post
#1
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
Today it climbed down to 4.42. Very strong resistance at 4.50 it seems.
|
|
|
|
|
|
Dec 7 2016, 10:32 PM
Return to original view | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
QUOTE(TOMEI-R @ Dec 7 2016, 07:31 PM) Climb up you mean? I play the opposite. So it's not good for me. Most money changers were out of stock for USD today because of the slight recovery. Too many people waiting to change or money changers are keeping because they expect the currency to dip lower? QUOTE(Avangelice @ Dec 7 2016, 07:53 PM) very curious of how those people actually make money out of constant conversion of hard cash through money exchangers. Actually, it can be the same for if one is playing forex as trading commission comes into play. I know you are referring to the spread the money changers charge but I prefer currency options myself. I do not have a forex account, nor forex options, so I have to live with this, what to do.Do they know by converting two times, part of their money goes into the money exchangers? This post has been edited by ILoveLalat.net: Dec 7 2016, 10:38 PM |
|
|
Dec 8 2016, 06:53 AM
Return to original view | Post
#3
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
|
|
|
Dec 8 2016, 04:00 PM
Return to original view | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
QUOTE(spiderman17 @ Dec 8 2016, 02:13 PM) I started moving from 0% in 2012 to almost 80%. Exclusively USD exposure (no sgd, aud etc). You really got guts to do this. Especially at a time that things are quite unpredictable. I think I went overboard since I'm planning to retire here. Now scaling back, targeting 50% max, and may also diversify out from usd. |
|
|
Dec 16 2016, 05:15 PM
Return to original view | Post
#5
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
|
|
|
Jan 20 2017, 10:36 AM
Return to original view | Post
#6
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
QUOTE(SkyZ3312 @ Jan 19 2017, 10:40 PM) For me i collect Aud from Malaysians workers in Australia.. their tt rate is 3.19 and need to wait 3-10 days sometimes with 10 aud service charges.. o just bought with them 3.207 and instant tranafer to their acc in malaysia.. so if i wanna change hard cash from MC today rate is 3.36..although it's small amount but in one month if i transfer it back to Sg or Mal currency bank i still earn some bread money 😉😉 Yeah, AUD also is gaining in strength, holding some AUD from 2.80, but seriously things are getting worse from here on. |
|
|
Jan 21 2017, 10:50 PM
Return to original view | Post
#7
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
QUOTE(TOMEI-R @ Jan 21 2017, 07:06 PM) I thought some mention that we should wait for AUD to fall abit during early Jan-Feb because of some reason. Seems like its not happening. Why should it fall? The key commodity prices are slowly climbing its way up. Ours should too, but it is not even moving at all. |
|
|
Jan 22 2017, 09:42 AM
Return to original view | Post
#8
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,906 posts Joined: May 2015 |
|
| Change to: | 0.1198sec
0.72
7 queries
GZIP Disabled
Time is now: 9th December 2025 - 06:12 PM |