Suddenly a swing of mode and RM closed closing to 2% up from low to USD, SGD, AUD and etc. Partly due to strong GDP announced and also FED comments to continue its existing tapering amount for at least few more months. We also suspect slow down in foreign equity net selling and exiting local bourse may attributes to this. The band of Fluctuation is widen and more volatility ahead. We added AUD at 2.92 level.
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