Taiwanpolitics SG I mean some of the currency in forex are swiss franc , canadian dollars , euro , usd , jap yen , great britain pound ..... no singapore , NT dollar , thai baht , hong kong dollars and eg malaysia ringgit . how to trade asian currency ?
gigabyte14 SG try china lo... who knows, ltr u will be rich, since china escalating now... but will hav 2 wait for vvvvvvvvv. long
Meat Pao SG Long term trend because US has a lot of deficit. You can trade SGD but must find a broker/ dealer who trade it because it is not a major currency. Meat Pao.
Taiwanpolitics SG forex trading is risky leh . and the currency is limited to the major currencies of the world . trade asia currency nid find another platform ....
Taiwanpolitics SG any currency investors in sg forum ???? how to trade SGDs and major asian currencies ? ( what bokerage or investment firm ) curious
miserable SG If you are interested, you can check with your banker for ACU (Asian Currency Unit) deposits for investment. For speculatiion.you can check with your broker for forex rate. I believe these are the people who can be asistance to you. Cheers
oxford mushroom SG As long as that US interest rate does not rise, the bond market will remain bearish
miserable SG Dude, I believe you got it wrong. Higher rate means higher bond yield thus bearish bond,stronger USD and vice versa. Cheers
Taiwanpolitics SG how come USA gets stronger against singapore dollars during afghan war and iraq war ?
sunny6110 SG Policy adopted by MAS quoted as "Gradually Appreciating" from "Neutral" a some time ago.... I forgotten which yr le... I guess it's becoz our Investment Arms has been going "shopping" for other countries' company eg. banks. telcos. airline since 2003 economic crisis... It makes those company cheaper as our currency is Bigger...
Taiwanpolitics SG offer forex investment many types of forex acct also have other investment stuff like gold and other precious metals . [/url]http://www.phillipfutures.com.sg
Gazelle SG main reason for the recent devaluing of dollar is because most Asian countries are selling their USD reserve and convert them to other currency. There are also fear that the housing market in USA will collapse this year and bring about recession. Singapore and other Asia countries whos economy is heavily dependent on US export will not allow the USD to drop too drastically as this will mean we will lose of competitive edge. If you cant even answer your own question, I would advice you to stay away from forex trading.
miserable SG Mr Gazelle, I am confused, you are contradicting yourself. USD/SGD weaken to 1.5350 as part of the reasons is influx of foreign funds into Singapore. If you noticed the strength of our stock market and good buying interest in the high end properties. USD/JPY actually strengthen to 119.20 as part of the reasons are the recent US economic number (Non Payrolls report) and weakness in crude oil price hinted FED is not likely to ease rate soon. The BOJ did not help the JPY when they did not hike the Japanese interest rate which the market expected. Mr Taiwanpolitics, I do agree with Mr Gazelle that you should stay away from forex trading for the moment. Hope no offence to you,I feel you need to get your basic fundemental and technical knowledge before plunging into the market. After obtaining these knowledge,you try "paper trading" before really move into the market. Ask your broker or dealer to assist you and get yourself some books on trading. Cheers
maurizio13 SG You are talking to a simpleton who makes alot of noise and has no knowledge whatsoever. Why bother explaining to him? He doesn't even understand discounts.
maurizio13 SG Good one. Simpletons don't know that they are slapping themselves in the face. 1) Recent devaluation of USD as a result Asian countries are selling off USD 2) Devaluation of USD will affect export dependant Asian countries. This must be the "poison pill" strategy concocted by "brainiacs" such as Gazelle.
foomwee88 SG U r rite!!! OM is a self proclaimed Doc,Lawyer and Economist.but he has not even hve basic knowlege of all these fields!!! just know how to recite information from the newspapers!!!worst still, has all the fun to insult and provoke others!!very thick skin,guy!That why i dont even bother to read his postings cauz nothing news!!!
