Forex: USD/SGD (US Dollar vs Singapore Dollar)

If you are looking for an interesting pairing, the USD/SGD pairing might be for you. This is another good dollar combination pairing the US dollar with the Singapore dollar at the rate of 0.6597 U.S. Dollar. While it may look that the Singapore dollar is devalued against the US dollar, the exchange rate currently has it at 1.5159 US dollars. This is the current rate as of this writing of this article. So there is room to work with on this pairing. The rewards are great for those who can act fast when the market is right.
USD/SGD can be used to advantage in the Singapore markets. If the financial conditions are right, the savvy trader can make a profit. However this pair is not a classical cross currency pair. A traditional pair will not have the US dollar in it due to volatility. With that being said, you will also need to buy enough of both currencies in the base currency which is US dollars and sell it in Singapore dollars. If you don’t have enough, then you run the risk of shorting yourself with the trade when it goes to sell. This can be disastrous for the trader in question.
However, you need to remember that with careful market analysis and watching market trends, the USD/SGD pairing will work nicely. Remember that the markets all over the world are in a constant state of flux. When the opportunity arises grab it with both hands! Jumping the gun or moving too slow can cost you in the Forex world.

Forex: archive of forecasts USD/SGD

Currency pair D1 H4 Res. Sup. Date
USD/SGD R↓ B↓ 1.2495 1.253 1.243 1.2405 8/2/2012 2:51
USD/SGD G↑ B↑ 1.254 1.258 1.244 1.239 7/2/2012 2:50
USD/SGD R↓ G↑ 1.244 1.2445 1.243 1.242 6/2/2012 2:56
USD/SGD R↓ R↓ 1.25 1.253 1.245 1.2425 3/2/2012 2:49
USD/SGD R↓ B↓ 1.257 1.264 1.246 1.2415 2/2/2012 2:49
USD/SGD R↓ R↑ 1.262 1.2655 1.252 1.246 1/2/2012 2:53
USD/SGD R↓ R↑ 1.262 1.2665 1.252 1.247 31/1/2012 2:50
USD/SGD B↓ G↑ 1.252 1.2525 1.251 1.25 30/1/2012 2:51
USD/SGD B↓ R↓ 1.2615 1.2645 1.255 1.251 27/1/2012 2:54
USD/SGD B↓ B↓ 1.268 1.276 1.2565 1.2525 26/1/2012 2:51
USD/SGD B↓ B↓ 1.272 1.2765 1.264 1.261 25/1/2012 2:58
USD/SGD B↓ G↑ 1.273 1.278 1.264 1.2605 24/1/2012 2:50
USD/SGD B↓ R↓ 1.275 1.276 1.272 1.271 23/1/2012 2:50
USD/SGD B↓ R↓ 1.277 1.282 1.2695 1.2665 20/1/2012 3:29
USD/SGD B↓ B↓ 1.289 1.2945 1.2805 1.277 18/1/2012 2:51
USD/SGD G↓ B↓ 1.2945 1.2975 1.289 1.2865 17/1/2012 2:42
USD/SGD G↑ B↑ 1.294 1.295 1.293 1.292 16/1/2012 2:42
USD/SGD R↓ B↓ 1.294 1.299 1.286 1.283 13/1/2012 2:53
USD/SGD R↓ G↑ 1.294 1.2975 1.289 1.287 12/1/2012 2:43
USD/SGD R↓ R↓ 1.294 1.298 1.287 1.284 11/1/2012 2:41
USD/SGD R↓ B↓ 1.2985 1.3025 1.2925 1.2905 10/1/2012 2:45
USD/SGD G↑ R↑ 1.2985 1.3 1.294 1.292 9/1/2012 6:38
USD/SGD R↓ G↓ 1.3035 1.3075 1.297 1.295 30/12/2011 3:00
USD/SGD R↓ B↑ 1.302 1.3045 1.2955 1.291 29/12/2011 2:58
USD/SGD B↓ B↑ 1.294 1.296 1.2905 1.289 27/12/2011 2:50
USD/SGD B↓ B↑ 1.299 1.3015 1.2925 1.289 27/12/2011 2:50
USD/SGD B↓ R↑ 1.296 1.298 1.291 1.288 26/12/2011 2:49
USD/SGD B↓ R↓ 1.2965 1.299 1.2915 1.289 23/12/2011 5:12
USD/SGD G↓ R↓ 1.3 1.3045 1.291 1.286 22/12/2011 6:12
USD/SGD G↓ B↓ 1.3055 1.3125 1.294 1.2895 21/12/2011 3:11
USD/SGD B↑ B↑ 1.3105 1.3135 1.304 1.3 20/12/2011 2:54
USD/SGD B↑ R↓ 1.3045 1.3055 1.302 1.301 19/12/2011 2:40
USD/SGD B↑ B↓ 1.3115 1.317 1.302 1.298 16/12/2011 2:43
USD/SGD B↑ B↑ 1.3135 1.317 1.3045 1.299 15/12/2011 2:42
USD/SGD B↑ B↑ 1.3105 1.3135 1.301 1.2945 14/12/2011 2:41
USD/SGD B↑ R↑ 1.3075 1.312 1.296 1.289 13/12/2011 2:42
USD/SGD G↑ R↓ 1.296 1.2975 1.2915 1.2895 12/12/2011 2:43
USD/SGD G↑ B↑ 1.301 1.308 1.2845 1.275 9/12/2011 2:50
USD/SGD R↓ G↑ 1.2885 1.2925 1.2805 1.2765 8/12/2011 2:46
USD/SGD B↓ G↓ 1.288 1.293 1.28 1.277 7/12/2011 2:51
USD/SGD B↓ G↑ 1.2865 1.29 1.278 1.273 6/12/2011 2:42
USD/SGD B↓ G↑ 1.284 1.286 1.281 1.2795 5/12/2011 2:44
USD/SGD B↓ G↑ 1.2875 1.2915 1.2795 1.276 2/12/2011 2:52
USD/SGD B↓ B↓ 1.295 1.308 1.2735 1.265 1/12/2011 2:52
USD/SGD B↓ R↓ 1.3025 1.3085 1.292 1.287 30/11/2011 2:42
USD/SGD G↓ R↓ 1.3065 1.3135 1.2945 1.2895 29/11/2011 2:52
USD/SGD G↓ B↓ 1.306 1.3085 1.301 1.2985 28/11/2011 2:50
USD/SGD R↑ R↑ 1.312 1.3145 1.3055 1.302 25/11/2011 2:51
USD/SGD R↑ R↑ 1.3155 1.321 1.3025 1.295 24/11/2011 2:51
USD/SGD R↑ B↑ 1.3045 1.308 1.297 1.2935 23/11/2011 2:50
USD/SGD R↑ R↑ 1.307 1.3095 1.2995 1.295 22/11/2011 2:51
USD/SGD R↑ R↑ 1.3 1.301 1.297 1.2955 21/11/2011 2:44
USD/SGD R↑ G↓ 1.302 1.3065 1.292 1.2865 18/11/2011 2:47
USD/SGD R↑ R↑ 1.301 1.305 1.291 1.285 17/11/2011 2:47
USD/SGD R↑ B↑ 1.297 1.301 1.288 1.283 16/11/2011 2:47
USD/SGD R↑ R↑ 1.297 1.3035 1.28 1.269 15/11/2011 2:41
USD/SGD R↑ B↓ 1.279 1.282 1.274 1.272 14/11/2011 2:44
USD/SGD B↑ G↓ 1.2305 1.234 1.2245 1.222 11/11/2011 4:47
USD/SGD B↑ B↑ 1.2975 1.3065 1.272 1.256 10/11/2011 2:50
USD/SGD R↑ G↑ 1.273 1.2785 1.2635 1.2595 9/11/2011 2:43
USD/SGD B↑ B↑ 1.274 1.279 1.264 1.259 8/11/2011 2:45
USD/SGD B↑ G↑ 1.268 1.2695 1.265 1.2625 7/11/2011 2:46
USD/SGD B↑ B↓ 1.2795 1.295 1.255 1.246 4/11/2011 6:47
USD/SGD B↑ R↑ 1.2845 1.2885 1.272 1.264 3/11/2011 2:49
USD/SGD B↑ B↑ 1.2905 1.3005 1.261 1.242 2/11/2011 2:50
USD/SGD G↑ B↑ 1.26 1.267 1.2425 1.2315 1/11/2011 2:51
USD/SGD R↓ G↑ 1.2455 1.247 1.242 1.2405 31/10/2011 2:53
USD/SGD B↓ B↓ 1.2605 1.28 1.231 1.221 28/10/2011 2:55
USD/SGD R↓ G↓ 1.276 1.284 1.262 1.256 27/10/2011 2:54
USD/SGD R↓ G↑ 1.268 1.2705 1.261 1.257 26/10/2011 2:55
USD/SGD R↓ B↓ 1.273 1.2815 1.259 1.254 25/10/2011 2:45
USD/SGD G↑ G↓ 1.2755 1.2765 1.2735 1.2725 24/10/2011 2:45
USD/SGD G↑ B↑ 1.278 1.283 1.265 1.2575 21/10/2011 3:09
USD/SGD R↓ G↑ 1.271 1.2765 1.259 1.2525 20/10/2011 2:59
USD/SGD R↓ R↑ 1.2755 1.282 1.263 1.2575 19/10/2011 2:49
USD/SGD B↓ B↓ 1.266 1.267 1.2645 1.2635 17/10/2011 2:52
USD/SGD B↓ B↓ 1.283 1.288 1.272 1.266 14/10/2011 3:03
USD/SGD B↓ R↓ 1.289 1.3005 1.268 1.259 13/10/2011 2:56
USD/SGD B↓ B↑ 1.289 1.294 1.278 1.2715 12/10/2011 2:46
USD/SGD B↓ B↓ 1.2905 1.304 1.2695 1.2615 11/10/2011 2:51
USD/SGD B↓ R↓ 1.2985 1.3025 1.293 1.291 10/10/2011 3:00
USD/SGD B↓ R↓ 1.306 1.313 1.2945 1.2905 7/10/2011 2:47
USD/SGD G↓ B↓ 1.317 1.326 1.302 1.296 5/10/2011 2:54
USD/SGD R↑ R↑ 1.3225 1.328 1.3085 1.3 4/10/2011 2:55
USD/SGD R↑ R↑ 1.3085 1.3105 1.3045 1.3025 3/10/2011 2:43
USD/SGD R↑ B↑ 1.303 1.3085 1.29 1.2835 30/9/2011 2:47
USD/SGD R↑ B↑ 1.3065 1.3135 1.2865 1.274 29/9/2011 2:49
USD/SGD G↓ R↓ 1.294 1.3055 1.274 1.265 28/9/2011 2:46
USD/SGD R↑ B↓ 1.305 1.315 1.289 1.2825 27/9/2011 2:51
USD/SGD B↑ R↓ 1.2975 1.299 1.2945 1.2925 26/9/2011 2:51
USD/SGD B↑ R↑ 1.314 1.328 1.285 1.2705 23/9/2011 2:53
USD/SGD B↑ B↑ 1.268 1.277 1.254 1.2485 22/9/2011 2:58
USD/SGD R↓ G↑ 1.2055 1.2065 1.2025 1.2005 2/9/2011 3:07
USD/SGD R↓ B↓ 1.207 1.21 1.2015 1.199 1/9/2011 3:14
USD/SGD G↑ G↑ 1.2085 1.2105 1.204 1.202 31/8/2011 2:56
USD/SGD R↓ R↓ 1.208 1.211 1.2025 1.2 30/8/2011 2:52
USD/SGD R↓ R↓ 1.204 1.2045 1.202 1.201 29/8/2011 2:54
USD/SGD R↓ R↑ 1.2125 1.215 1.206 1.2025 26/8/2011 2:55
USD/SGD R↓ B↑ 1.208 1.2105 1.203 1.2005 25/8/2011 2:55
USD/SGD R↓ G↑ 1.207 1.211 1.2005 1.198 24/8/2011 2:54
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Economic statistics

9:30gbp Industrial Production (MoM) 0.5%
9:30gbp Industrial Production (YoY) -3.3%
9:30gbp Manufacturing Production (MoM) 1.0%
9:30gbp Manufacturing Production (YoY) 0.8%
9:30gbp Visible Trade Balance (Pounds) -£7111
9:30gbp Trade Balance Non EU (Pounds) -£3748
9:30gbp Total Trade Balance (Pounds) -£1109
6:45chf SECO Consumer Confidence -19
5:00jpy Consumer Confidence 40.0
1:30cny Producer Price Index (YoY) 0.7%
1:30cny Consumer Price Index (YoY) 4.5%
23:50jpy Housing Loans (YoY) 2.20%

Interest rates table

country % Next
US 0.25 13/3/2012
EU 1 9/2/2012
0.1 14/2/2012
GB 0.5 9/2/2012
CH 0.25 15/3/2012
CA 1 8/3/2012
AU 4.25 6/3/2012
NZ 2.5 8/3/2012