Take some time and observe the currency market, which major reserve currency will become more attractive? EUR and GBP are looking bleak and CHF is weaker to USD so the only best bet is USD with stronger recovering US economy and the upcoming rate hikes. When republican candidate Trump won presidency, it means greater businesses for America so expect USD to trend even higher against many other currencies of the world.

chernchung, yes hedging

Johny, USD will trend higher n higher......

appleby, if u truly want to be very successful it's better don't follow by the book. Don't be among the 99% crowd, think outside of the box.

LOL oh pls lar...everywhere are postgraduates in the street. Some without proper education can do better than those highly educated ones. Oh yes, just FYI i'm a postgraduate too. Is that a big deal nowadays? I would say no.

Johny, appleby is just the stubborn one believing USD is going to drop further

that's nothing new and pls don't talk like brexit is definite to happen..wait till they vote for it then u can start to worry.

age does matter in the investing world. so how well does an immature one fare better?

Appleby, how old are you?

Malaysian based business entities can lock-in the exchange rates for export/import businesses through banks/financial institutions. So it's that moment for bargain hunting based on the entire exchange outlook. US economy is on the upper hand as compared to M'sia so pls do ur due diligence

appleby, it's the USD rate tht matters. OPEC cartel's main aim is to manipulate oil price. US itself is becoming a top oil producer thru fracking, etc. and self sustainable so tht world oil price especially oils from OPEC nations won't be the main factor affecting USD anymore today.

look at most export stocks with low PE today and tell me. Smart ones know what i just told u all

USD/MYR pushed up to 4.15xx now and it will be higher n higher because of the following data just released yesterday:
Actual Consensus Previous
Personal Spending (Apr) 1.0% 0.7% 0.1%
S&P/Case-Shiller Home Price Indices (YoY) (Mar) 5.4% 5.2% 5.4%
ISM Manufacturing PMI (May) 51.3 50.4 50.8
ISM Prices Paid (May) 63.5 59.6 59.0
Total Vehicle Sales (May) 17.45M 17.30M 17.42M

US economy is recovering and expect to do better and Janet Yellen will push for a rate hike sooner than u expect. She has indicated so already. So why in the world that some of you here keep saying USD is going down n blah? Tht OPEC and oil price won't push USD down because it's the US economy fundamentals that dictate the direction of the US dollar. Do ur homework n use ur brain.

applebyloh, USD is appreciating because it is becoming a higher yielding asset class due to rate hike as indicated by Janet Yellen n its stability as a reserve currency for decades to come (#second come close to USD is EUR but it's fragile already with Brexit. RMB won't be the main reserve currency like for ever) hence ppl are dumping gold, other currencies, etc. Don't forget that m'sia election will be in 2018 soon and the 1MDB problems still linger therefore MYR won't be that good to hold onto + corruption will forever remain in m'sia. If u are smart, sell MYR and buy USD+other major currencies. U can see MYR is sinking day by day so buy more export stocks.