Usd/sgd

[Scoop]

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

Time to BBB???

:devil::devil:

 

[CS TAN]

Basically, most currencies are pretty strong against the weak USD. Today, 1S$ reaches HK$6 mark as HK$ is pegged against USD...

 

[kwttan]

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 :vhappy:

 

[voxies09]

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

 

[Scoop]

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

 

[Scoop]

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

 

[ortega]

maybe it is time to buy USD instead

 

[dreaming]

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

 

[hongsien]

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

 

[ninelives]

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

Time to BBB???

:devil::devil:

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

 

[allenleonhart]

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

grins ur not the only one waiting

 

[ed9119]

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

 

[thenomad]

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