RM is recovering as shutdown in US near 17th October

While date lines near 17th October when the US will face defaults. USD and all it’s associates currency weaken and create another huge fluctuation in the market. We will start to buy AUD and USD mildly as we expect the debt ceiling deal will be resolved before the date. Slight chance of a continuous shut down but if that happen will trigger a sizable crash in all markets. We won’t welcome that or believe it will happen. If so, we will pick bargain from this.

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