FXstreet.com (Barcelona) - According to Standard Chartered Analysts, which actually oppose the views from JPMorgan, they expect the MAS to ease monetary policy slightly on Friday. "The policy band slope is likely to be lowered to +2% per annum from +3.25%, thus we recommend paying SGD 2Y IRS as MAS easing should support USDSGD."

You May Also Like

Related Forex Analysis
  1. Investing

    USD/SGD Falls During Thursday Session

  2. Investing

    USD/SGD Forms a Positive Hammer

  3. Forex News

    SGD Strengthens As Manufacturing Output Outpaces Expectations

  4. Investing

    USD/SGD: Pullback Can Lead to Profits

  5. Forex News

    USD/SGD Rises Despite Optimistic Export Announcement

Trading Center