Thursday, 11 July 2019

USD/SGD May Reverse as Singapore Economy Contracts Most Since 2012

The USD/SGD downtrend is at risk after Singapore’s economy contracted by the most since 2012 amidst trade wars as manufacturing declined, placing the focus on MAS monetary policy.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...