NDF:
This morning SGD hit all time high of 3.140 surpassing 3.135 in early Dec '16
AUD high of 3.343 mid Dec '16 remained intact for now (vs recent high 3.297 hit yesterday)

some money changers spread only 1-2c like those in MVM, KLCC and Pavilion

u want to buy SGD with RM?
PERSONALLY I think this pair will move in tight range over the next 6 months unless 3.140 is breached

Then is just a question of investing return > negative differential in MYR:SGD between transaction and pre/post transaction

PERSONALLY I think SGD will test the 3.3 region towards the end 2017

PERSONALLY I think 3.5 region is possible next year

PERSONALLY I will watch out for 3.5 region first. 4 a bit out of my time radar

SGD just broken the previous high of 3.140 at 05-Jan-17
New high is 3.148 around 6pm just now

Singapore's NODX up a strong 9.4% y-o-y in December, beating forecasts of just 5.8%.
Sales to China - Singapore's biggest market - jumped by 33.5% y-o-y following Nov's 15.8% .

I think there remain some risks that UK will go for a clean break from EU, i.e. the so called hard exit instead of a protracted and measured withdrawal.
This could potentially drive the GBP down to 5.0 level imho.
Let's see if there is some support around 5.30 region first

I still think gbp decline is far from over. 5.00 should be within reach imho

3.1532 the highest this morning

and they did farely well in exports to their biggest trade partner, PRC

Brexit saga is far from over, now awaiting reactions from the EU negotiators
Their economy is hugely exposed to trade with EU, and with the increase in cost (tariffs, levies etc) and fallen GBP, their consumers r hard hit
Not to mention the loss of jobs etc etc the latest being HSBC and UBS shifting out ~ 1,000 jobs from London

Ya AUD broke above long term resistance ~3.32 around 13-Jan-17
Let's see if this level could turn strong support now,if not perhaps around 3.25 imho

SGD looks like strong support ~ 3.10 region
If miss out buy at this level may see short term burst to 3.18 region ?!?

Last quarter of 2016 to date, the international reserves of BNM amounted to:

as at 30 September 2016: USD97.7 billion (equivalent to RM405.0billion)
as at 14 October 2016: USD97.8 billion (equivalent to RM405.6 billion)
as at 31 October 2016: USD97.8 billion (equivalent to RM405.5 billion)
as at 15 November 2016: USD98.3 billion (equivalent to RM407.8 billion)
as at 30 November 2016: USD96.4 billion (equivalent to RM399.6 billion)
as at 15 December 2016: USD96.4 billion (equivalent to RM399.7 billion)
as at 30 December 2016: USD94.6 billion (equivalent to RM424.2 billion)
as at 13 January 2017: USD94.3 billion (equivalent to RM422.9 billion)
as at 31 January 2017: stay tune 6-7 February 2017

U need to break down the fluctuations into trade and non-trade in/outflows before can establish the extent of interference

i target 3.09 - 3.18 region first. Once 3.18 achieved then revisit

Suria KLCC buy/sell for SGD @ 3.13/3.14
MVM buy/sell for GBP @ 5.57/5.60
Last Friday MVM buy AUD @ high of 3.34
The only rejoice is buy/sell USD @ 4.38-4.40/4.42