SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch_老虎社区_美港股上老虎

SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch

Singapore Business2021-07-31

The Singapore dollar (SGD) is expected to weaken to $1.35 versus the US dollar (USD) for 2021, according to Fitch Solutions, to weaken further to $1.36 in 2022. This is a downgrade from its previous ...

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825

Klim8898
·2021-08-02
And no long term uptrend in sight...
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MystSapphire
·2021-08-02
Ok....oh well
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kirbyang
·2021-08-01
Goodness
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kirbyang
·2021-08-01
[喷血]
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skyel
·2021-08-01
Will the cost of living increase?
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3
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Hayz
·2021-08-01
More like 1.33...historical chart will show where SGD is heading.
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7
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SilentWarrio
·2021-08-01
Serious?
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许哲东
·2021-08-01
change more to USD and buy US stock..
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2
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- 许哲东:
  SG market also quite attractive..
  2021-08-01
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dan1
·2021-08-01
woo
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Dragon1976
·2021-08-01
Roar
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2
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Mythology
·2021-08-01
Wa first time??
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18
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- Wayneqq:
  In quite a while… yes… i have seen it at 1.4+ before
  2021-08-01
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- Lgdnic:
  Bullish
  2021-08-01
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- LeonP:
  omg
  2021-08-01
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RichDen
·2021-08-01
Should we hold more USD now?
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4
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- RichDen:
  😊👍
  2021-08-06
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- SilverSoul:
  Yes. Change more to USD now.
  2021-08-01
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- skyel:
  Buy more USD stocks to hedge
  2021-08-01
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BoonL
·2021-08-01
Latest
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1
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- Dragon1976:
  Roar
  2021-08-01
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Athenwyk
·2021-08-01
Like
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1
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3eb0d2e3
·2021-08-01
Like and comment
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3
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- J288:
  ok
  2021-08-02
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StonkerLL
·2021-08-01
Yeah more SGDs
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8
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- HoSeyLiao48:
  [强] [强]
  2021-08-01
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ivy888
·2021-08-01
Like
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1
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- J288:
  pls like back.Tq
  2021-08-01
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Joe1997
·2021-08-01
Him
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3
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- TW1:
  Gd
  2021-08-01
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Nickystonks
·2021-08-01
Time to change to USD before further weakening?
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4
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- Joe1997:
  Hi
  2021-08-01
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- SweetSourPig:
  s
  2021-08-01
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Claire96
·2021-08-01
🤨
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1
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The last time Singapore breached this level was in July 2018, during the initial phases of the US-China trade war.\n“However, any weakness in the SGD should be capped by the economy being in a much more resilient position than other Asian markets, due to the fast progress in vaccinating the population,” it added. “This puts Singapore in a much more resilient position compared to most other Asian economies and the SGD could benefit from some degree of safe-haven flows from elsewhere in the region as the year progresses, limiting prospects for further depreciation beyond our identified trading range.”\nFor the long term, Fitch expects a strong recovery in exports to support the currency in 2022, but balanced by the risk of a potentially more hawkish US Fed if above-2% target inflation persists.\nFitch Solutions identified as a key risk the possibility of a COVID-19 variant that can bypass existing vaccines, which could force Singapore to implement further 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the cost of living increase?&nbsp;","listText":"Will the cost of living increase?&nbsp;","text":"Will the cost of living increase?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802251263","repostId":1167653033,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802262579,"gmtCreate":1627783391891,"gmtModify":1631891098211,"author":{"id":"3576709204489965","authorId":"3576709204489965","name":"Hayz","avatar":"https://static.tigerbbs.com/d87598e3b13004920f673918b320782e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576709204489965","authorIdStr":"3576709204489965"},"htmlText":"More like 1.33...historical chart will show where SGD is heading.","listText":"More like 1.33...historical chart will show where SGD is heading.","text":"More like 1.33...historical chart will show where SGD is heading.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802262579","repostId":1167653033,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802285005,"gmtCreate":1627782979507,"gmtModify":1631893139335,"author":{"id":"3580689210488653","authorId":"3580689210488653","name":"SilentWarrio","avatar":"https://static.tigerbbs.com/c904a9b7d64fe6eb5230d2a57a74ffee","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3580689210488653","authorIdStr":"3580689210488653"},"htmlText":"Serious?","listText":"Serious?","text":"Serious?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802285005","repostId":1167653033,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802281964,"gmtCreate":1627782720258,"gmtModify":1633756469444,"author":{"id":"3555237785078725","authorId":"3555237785078725","name":"许哲东","avatar":"https://static.tigerbbs.com/9061503cb3d4f9ac3d7d9de3f72b29ab","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3555237785078725","authorIdStr":"3555237785078725"},"htmlText":"change more to USD and buy US stock..","listText":"change more to USD and buy US stock..","text":"change more to USD and buy US stock..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802281964","repostId":1167653033,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5393807,"gmtCreate":1627801498042,"gmtModify":1635162822904,"authorId":3555237785078725,"author":{"id":3555237785078725,"idStr":"3555237785078725","authorId":3555237785078725,"name":"许哲东","avatar":"https://static.tigerbbs.com/9061503cb3d4f9ac3d7d9de3f72b29ab","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":802281964,"type":1,"supId":0,"prevId":0,"content":"SG market also quite attractive..","text":"SG market also quite attractive..","html":"SG market also quite 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