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1 comment(s). Last comment by Jonathan Keung 2016-02-18 15:20

Posted by Jonathan Keung > 2016-02-18 15:20 | Report Abuse

Most FX traders have factor in the downtrend in Brent Crude. GDP is forecast > 4.5 % . If things work according to what the bankers predicted. MYR is undervalued at this point time. perception is everything. if Zeti replacement ( far below people expectation )then Ringgit may trade lower. Mind you Sarawak state election is around the corner. A big win for BN might bolster the fortune of the MYR. Not forgeting China Yuan and the Iran oil-deal. Happy trading

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