We have now breached the support level at 1.28288 and if nothing goes wrong, it should goes south towards 1.23684, a level supported since 2013.
This is also good for those based in Singapore but are buying US assets - stocks, ETFs, crypto, etc as you would need less Sing dollars for the equivalent of US dollars.
That means US dollars depreciate, Sing dollars appreciate.
This is also good for those based in Singapore but are buying US assets - stocks, ETFs, crypto, etc as you would need less Sing dollars for the equivalent of US dollars.
That means US dollars depreciate, Sing dollars appreciate.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.