LastBattle
Long

Eased monetary policy

FX:USDSGD   None
We have a new participant of the global wave of monetary easing policy after Japan, Europe, & other ASEAN nation.

Keep your shorts on SGD opened at least from now until June - September 2015 :)
1.4 USDSGD             is the near term target.

http://www.bloomberg.com/news/articles/2015-01-28/singapore-joins-global-wave-of-monetary-easing-after-prices-fall
http://www.bloomberg.com/news/articles/2015-01-28/why-china-may-not-follow-singapore-in-global-push-for-weaker-currencies

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