- Analytics
- News and Tools
- Market News
- USD/ SGD to decline to 1.30 by Q4 – TDS
USD/ SGD to decline to 1.30 by Q4 – TDS
The Monetary Authority of Singapore (MAS) is likely to steepen the S$NEER slope by 50 bps. SGD should benefit from a further tightening of monetary policy settings, in the opinion of economists at TD Securities.
Selling USD/SGD on rallies up to around 1.34
“We expect the MAS to tighten monetary policy settings through a steepening in the slope of the S$NEER band at its April MPS, likely on 14 April.”
“SGD should benefit from a further tightening of monetary policy settings and we suggest selling USD/SGD on rallies up to around 1.34.”
“Expect USD/SGD to fall to 1.30 by Q4.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
