USD on a roll?

[boroangel]

The USDSGD has been on uptrend the last 2 months. Just wonder what is everyone's perception on how far it will keep rising?

Am carrying some USD and wonder it could still go up beyond 1.4?

 

[Perisher]

MAS stops SGD appreciation, just announced recently.

 

[Average]

reaching 1.4 liao

Sent from clementi toilet cubicle five using GAGT

 

[densor98x]

FED raising int rate after election.

 

[SBC]

Will reach 1.43 by year end.

 

[wira]

good time to accumulate USD now ?

 

[Perisher]

Heng, 1/3 of my portfolio is in USD.

 

[cscs3]

good time to accumulate USD now ?

Too late and too risky.

 

[868888]

the widened +gap bet 3mth SOR and 3m uslibor compared to previous sessions helped supported the pair.
it is overbought on technicals, USD strength as it paves the way for a rate hike in dec. there's potential for pullback below 1.39, which can be use to accumulate and then near resistance 1.40. look at usdjpy as well. prefer g10.

 

[ipaq4444]

the widened +gap bet 3mth SOR and 3m uslibor compared to previous sessions helped supported the pair.
it is overbought on technicals, USD strength as it paves the way for a rate hike in dec. there's potential for pullback below 1.39, which can be use to accumulate and then near resistance 1.40. look at usdjpy as well. prefer g10.

something i dun understand why the sibor is on the downtrend this time round compared to last year where it was uptrend all the way until the rate hike.

 

[boroangel]

USDSGD up again. I thought it will drop from the election results, this shows I know nothing about forex!

 

[peacefulday]

sgd is getting weaker nowadays. Dec coming usd appreciating more

 

[koja6049]

USDSGD up again. I thought it will drop from the election results, this shows I know nothing about forex!

nope, trump win will prop it up since he's going to raise interest rates. Stocks will fall instead

 

[peacefulday]

I wish usd can break 52weeks high soon

 

[focus1974]

yup. USD and AUD will be a good bet for appreciation against SGD.

My current allocation is around 50% SGD, 25% AUD, 25% USD

 

[cybercom8]

fml, us$ appreciated against s$ but my usa stock price dropped

 

[SBC]

USD could reach 1.50 by year end. Stay tuned.

 

[blengend]

something i dun understand why the sibor is on the downtrend this time round compared to last year where it was uptrend all the way until the rate hike.

I second this. Last year when there was news of rate hike, local banks were offering up to 1.8% on their 12 months FD.

Now, the best offer is around 1.2%, despite of Trump winning the election (and he supports rate hike).

Any guru can explain?

 

[hummer]

USD could reach 1.50 by year end. Stay tuned.

1.45 maybe got chance, but 1.5 by year end? Sounds a bit difficult.

Care to share your thoughts?

 

[koja6049]

I second this. Last year when there was news of rate hike, local banks were offering up to 1.8% on their 12 months FD.

Now, the best offer is around 1.2%, despite of Trump winning the election (and he supports rate hike).

Any guru can explain?

Fed hasn't met and Janet Yellen wasn't sacked.... yet. Wait for it