Your take on the SGD against major currency pairs

[Red Nails]

Major currency pairs like USD, EUR, GBP

Bearish?

 

[MikeDirnt78]

You should head to the Forex thread.

My take is, never ever dabble in FCY. They can move either ways.

Today, you make money to buy big breakfast. Tomorrow, you lose money worth a prada bag,

 

[tanjiakpeng]

SGD vs USD is the best comparison.

to compare them against EUR or GBP, you'll need to take into account the CCS basis which makes it an apple to orange comparison. not only that, you'll need to cross the USD basis to land in EUR or GBP.

in my view, SGD is just going to continue to weaken. the strong USD thesis is clear

 

[tildveryn]

so worth investing the dual SGD USD currency?

any good write up of how this dual currency thingy usually works?

trying to understand... what it means by strike price, interest rate and risks.

https://www.ocbc.com/personal-banking/investments/dual-currency-returns.html

 

[Red Nails]

SGD vs USD is the best comparison.

to compare them against EUR or GBP, you'll need to take into account the CCS basis which makes it an apple to orange comparison. not only that, you'll need to cross the USD basis to land in EUR or GBP.

in my view, SGD is just going to continue to weaken. the strong USD thesis is clear

Haha, there are definitely others who will take the opposite end of your position; care to share more?

 

[tildveryn]

http://dollarsandsense.sg/why-the-s...st-the-usd-and-why-the-myr-is-even-worse-off/

 

[Perisher]

I think SGD would remain stable until the next hike. If it hikes, USD would rise.