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Thread: Usd/sgd

  1. #1
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    Default Usd/sgd

    SGD is rising fast and strong against the USD. 1USD=S$1.29

    Time to BBB???


  2. #2
    Senior Member CS TAN's Avatar
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    Default Re: Usd/sgd

    Basically, most currencies are pretty strong against the weak USD. Today, 1S$ reaches HK$6 mark as HK$ is pegged against USD...
    Canon 5D Mark II | 24-105L | 35L | 85L II | 135L | Samyang 14mm 2.8

  3. #3
    Member kwttan's Avatar
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    Default Re: Usd/sgd

    Quote Originally Posted by CS TAN View Post
    Basically, most currencies are pretty strong against the weak USD. Today, 1S$ reaches HK$6 mark as HK$ is pegged against USD...

    Yes, BBB lens in HK
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  4. #4
    Member voxies09's Avatar
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    Default Re: Usd/sgd

    Sgd is rising, bad for exporting. If keep going up no more factory in singapore. Goverment need to do something or they may already done it

  5. #5
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    Default Re: Usd/sgd

    The government actually is allowing this appreciation cos they widened the band which SGD is allowed to trade against the USD

  6. #6
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    Default Re: Usd/sgd

    but buying lenses from HK sounds like a very interesting proposition now.. too bad i'm not going there anytime soon..

  7. #7
    Moderator ortega's Avatar
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    Default Re: Usd/sgd

    maybe it is time to buy USD instead

  8. #8

    Default Re: Usd/sgd

    wanted to do a credit card purchase from Japan. Will it be a double conversion? Yen to Usd then to Sgd.

  9. #9
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    Default Re: Usd/sgd

    Quote Originally Posted by ortega View Post
    maybe it is time to buy USD instead
    USD still has more room to go down, Nov 3 is a key date as the Fed will very likely release more quantitative easing (bring in more funds into the market = printing more paper dollars), this will lead to a weaker dollar

    But stocks will go up :-)
    Last edited by hongsien; 14th October 2010 at 02:16 PM.

  10. #10

    Default Re: Usd/sgd

    Quote Originally Posted by Scoop View Post
    SGD is rising fast and strong against the USD. 1USD=S$1.29

    Time to BBB???

    wow !! can start buying more stuff from USA liao. amazon, here i come !
    Objection !!!

  11. #11
    Deregistered allenleonhart's Avatar
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    Default Re: Usd/sgd

    Quote Originally Posted by ninelives View Post
    wow !! can start buying more stuff from USA liao. amazon, here i come !
    grins ur not the only one waiting

  12. #12
    Moderator ed9119's Avatar
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    Default Re: Usd/sgd

    I was walking past the Arcade this afternoon to a meeting..... almost EVERY money changer there had lines 10-15 deep mostly buying US$ LOL !!!

    when this happens and public thinks its USD is low enough against SGD.......USD will likely go lower
    shaddap and just shoot .... up close
    Walkeast

  13. #13
    Member thenomad's Avatar
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    Default Re: Usd/sgd

    Quote Originally Posted by ed9119 View Post
    I was walking past the Arcade this afternoon to a meeting..... almost EVERY money changer there had lines 10-15 deep mostly buying US$ LOL !!!

    when this happens and public thinks its USD is low enough against SGD.......USD will likely go lower
    Saw similar scenes today at several money changers too..

    I don't think the USD rates are determined by the public opinion here. I mean USD is weaking because of the conditions over there
    If anything, more people here buying USD may mean that its price may go up, although also unlikely

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