baronbloe

Short SGD/USD now. Then go long on Feb 24th 2018.

Short
FX_IDC:SGDUSD   SINGAPORE DOLLAR / U.S. DOLLAR
The Singaporean government has opted for a tighter monetary policy because they are offering bonds worth $24 Billion. I'm used to superlatives, BUT a $24 Billion bond issue?!. Its as if the government went around its own banks and is offering a product itself. SGD will strengthen because of Singapore's strategic business location, good business environment, and as a result of a tighter policy - restricting currency. Most indicators point to the SGD strengethening long-term.
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