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 USD/MYR and SGD/MYR

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boyboycute
post Jan 6 2025, 11:53 AM

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Unker doesn't understand why some fella wanna fight the market.

The trend is obviously up for Ringgit

So clear like daylight


boyboycute
post Feb 6 2025, 03:08 PM

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QUOTE(Cubalagi @ Jan 22 2025, 12:52 PM)
Past 1 year , it sucks holding SGD.

It dropped more than USD and interest is lower than USD.
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Unker already warned everyone about holding SGD since it hit all time high against MYR

But Unker kena ban, post got deleted too

Unker just trying to help you all avoid losing money


boyboycute
post Apr 3 2025, 09:24 PM

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QUOTE(Cubalagi @ Apr 3 2025, 09:06 PM)
I not hawk nor dove

But I noticed DXY is dropping like a rock today.

Meaning USD is falling vs other developed currencies of countries which the US is also tarrifing like EU, Japan, GBP. Which is unexpected
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USDMYR is not following the drop in DXY

MYR should strengthen during this period when USD weakening

Someone is selling MYR to keep the export business competitive

Who else has the big pocket if not....


boyboycute
post Apr 4 2025, 10:21 AM

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QUOTE(Wedchar2912 @ Apr 3 2025, 11:33 PM)
I think only malaysian investor would run back to Malaysia... our market is too small, illiquid and not really open (for fx conversion).
funds would prefer to hide in SG.

wise already indicated SGDMYR to be at around 3.351 level after fees. that's just from usdsgd movement.
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Unker think if too much fella run into SGD, SG Gov will just devalue its currency to keep its export competitive. Yield in SG bonds will drop as well
boyboycute
post Apr 4 2025, 01:42 PM

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QUOTE(Hansel @ Apr 4 2025, 12:23 PM)
If MAS 'weakens' its currency, more external parties will buy-up the SGD,... It'll be only within a limited time period before the SGD will strengthen back. Anyway,.. if we are into S-REITs, a weaker SGD will give us more dividends.
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Then, SG exporting economy will be trapped in the curse of a stronger SGD

It's unfortunate to see Ringgit is weakening together with USD which kept the exchange rate almost sideways... massive exodus of foreign investors away from Ringgit.

Can our Tabung hold Ringgit together?

This post has been edited by boyboycute: Apr 4 2025, 01:53 PM
boyboycute
post Apr 4 2025, 01:56 PM

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QUOTE(Hansel @ Apr 4 2025, 01:51 PM)
SG does not export 'raw' goods, what they export are goods of a higher-tech quality, which can command a premium by nature.
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Unker wonder whether we'll see Asian Currency crisis again

Some said we are stronger financially now

Let's see whether the defense stood the test of time

This post has been edited by boyboycute: Apr 4 2025, 01:57 PM
boyboycute
post Apr 12 2025, 10:27 AM

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SGDMYR is very strong
USDMYR stat relatively similar

Unker believe both USD and MYR weakened together
boyboycute
post Apr 15 2025, 09:55 PM

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Unker is sleeping well keeping retirement money in EPF.

Selling options for income is equivalent to being a bag holder.

That said, Unker did sold some put options when vix spiked like crazy. Unker rarely use this strategy but Unker was salivating looking at the premium when vix spiked near highs.

Unker plan to close all the positions this week to lock in the premium. Never plan to get assigned and becoming a bag holder for high quality companies which are going down in prices.


boyboycute
post May 21 2025, 03:01 PM

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QUOTE(MBCH @ May 5 2025, 07:33 PM)
Waiting for 4 - 3.80 why?

Expecting FED to cut rates and BNM will hold the %3 + Trump need weaker USD + Malaysia unlikely to hit 2025 GDP growth target of %4.5-5.5
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Inflation in Malaysia is going up . That'll make up for the nominal GDP growth figure
boyboycute
post Dec 8 2025, 04:28 PM

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QUOTE(Wedchar2912 @ Nov 20 2025, 12:12 PM)
Honestly, worrying about the tax on remittances in 10 years time might not even be the most important thing to stress over.
If really want to use the brain cells productively, focus on the bigger swing that is actually usdmyr itself.

Take today’s rate... around 4.16.

Over 10 years, 3 out of many realistic/possible scenarios:
a) if usdmyr strengthens to 5.0
=> your usd stash gets a +20% fx boost before investment returns even enter the picture.
b) If usdmyr drops to 3.0
=> effectively lost ~28% in ringgit terms just by holding your funds overseas too long.
c) If usdmyr static
=> remit back just before 2036 lor...

Compared to these FX swings, the remittance tax issue is… honestly small potatoes.
FX alone can dwarf whatever tax the government eventually implements.

hence long-term USD/MYR direction might be the more meaningful thing to ponder, even though nobody ever got it right....  laugh.gif
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The long term trajectory of Ringgit, SGD and USD is pretty obvious now
boyboycute
post Dec 9 2025, 11:23 AM

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QUOTE(poooky @ Dec 9 2025, 10:03 AM)
What is obvious? please share information.
*
Just follow kamjit

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