NYC1976

2022-12-03: SGD VS MYR (SEEING ANOTHER COMEBACK NEAR @ 3.40)

Long
FX_IDC:SGDMYR   SINGAPORE DOLLAR / MALAYSIAN RINGGIT
Looking at the current chart of SGD vs. MYR.
A pullback on MYR easing after POST-ELECTION in Malaysia. In conjunction of US POST-ELECTION event too.

At the moment, we are heading to the closure of year 2022. Sighting that much of slow down on US Dollar just a bit.
Just to ensure the rest of the world could enjoy that 3% banking interest or dividend.

Back to SGD strength, this temporary pullback is not from the All-TIme-High basis on a few other indicators which is not shown here.

SGD is given opportunities to make another come back nearing MYR3.40 soon starting next year in 2023. - Hang Nujum Negara
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