TradeAlerter
Long

USD/SGD MACRO LONG post MAS and Weak Q1 GDP Figures

FX:USDSGD   None
128 0 0
Looking for significant rally over the next 24 hours with the MAS holding interest rates but lowering inflation forecasts giving them room to move if the economy weakens. Q1 GDP has then come in very weak at -1.4% vs. +2.5% forecast and combined with chances of USD strength via EUR/USD             selling or USD/JPY             buying we have good risk reward at these current levels
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