Forex Investment and Currency Trading

USD/SGD
Sport 1.36
3 month forecast - 1.35
6 month forecast - 1.34
12 month forecast - 1.32
The SGD was essentially steady in June after appreciating sharply earlier in the year after the Monetary Authority of Singapore’s (MAS) re-fixed the central rate within the policy band. Subsequently, the MAS reiterated that it would maintain its three-year-old policy of allowing [...]

[Read more →]

Today the Monetary Authority of Singapore (MAS) announced a modest monetary tightening. In the twice yearly monetary policy statement (MPS) it maintained its FX stance of a “modest and gradual appreciation” of the Singapore dollar (SGD) nominal effective exchange rate (NEER) which had been “increased slightly” in the previous policy statement announcement in Oct-071. Also [...]

[Read more →]

Singapore will be releasing the advance GDP estimates for Q1-08 and the semi-annual monetary policy statement on 10th April 2008. Even though a technical recession is not expected, the slower growth momentum in certain sectors is likely to see GDP growth moderate. Singapore’s January CPI inflation came in much higher than expected, the highest in [...]

[Read more →]