USDSGD - Long term Cycle trough reached?
The SGD dollar has been strengthening since mid April and may be due for a reversion.
A rising Singapore dollar makes exports more expensive, (imports cheaper).
Currently, it has annual product exports of $323 billion and imports of $323 billion, giving it a neutral trade balance.
Price is currently approaching the lower edge of this cyclic range which may unbalance this neutrality if it exceeds it.
A rising Singapore dollar makes exports more expensive, (imports cheaper).
Currently, it has annual product exports of $323 billion and imports of $323 billion, giving it a neutral trade balance.
Price is currently approaching the lower edge of this cyclic range which may unbalance this neutrality if it exceeds it.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.