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5 comment(s). Last comment by GreatDreamer 2019-01-27 04:23

kcchongnz

6,684 posts

Posted by kcchongnz > 2019-01-25 20:43 | Report Abuse

"The ringgit is projected to strengthen to 4.0039 against the US dollar by the end 2019"

It is often hard to get the direction of foreign exchange right in this type of macro prediction where there are numerous factors involved. Those who got it right in direction as well as within 5% error would be considered good already.

For a prediction above with 4 decimal places and within 0.4%, you know it is rubbish.

lizi

1,968 posts

Posted by lizi > 2019-01-25 20:56 | Report Abuse

If my mind calculation is right, i think prediction from forex analyst out there is almost 90% wrong so far.

stockraider

31,556 posts

Posted by stockraider > 2019-01-26 12:05 | Report Abuse

They do it to pls the msian govt mah...!!

sctan

468 posts

Posted by sctan > 2019-01-26 12:36 | Report Abuse

so they can con their customers to invest in Malaysia.

Posted by GreatDreamer > 2019-01-27 04:23 | Report Abuse

Cant blame them. OCBC own Great Eastern. GE (Msia) are contributing insurance fund for Msia B40 MySalam.....

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