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Podcast: The Afternoon Update with Lynlee Foo
Episode: Market View: SGD/MYR - Should you take a long or short position?
Description: Malaysia's ringgit is set for a blockbuster quarter in what could be its best since January 1973. It rose more than 12 per cent against the US so far this quarter and if the trend continues, the currency could become the best-performing emerging market currency. It is also up about 6 per cent against the Singapore dollar. In the light of this development, Yeap Junrong, Market Strategist from online trading provider IG, shares his analysis and a trade idea.See omnystudio.com/listener for privacy information.