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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessNew Coronavirus Cases Hit Two-Week High
A stronger greenback saw USD/SGD drift higher on Monday, the pair is holding above 1.35 after breaking the level last week, while the pair made a fresh 2021 high at 1.3566 on Friday. The rate last changing hands at 1.3520, up 1 pip on the session.
- Yesterday the number of coronavirus cases rose to a two-week high, just as Singapore prepares to remove restrictions and reopen the economy. Yesterday the government eased restrictions on groups of people dining and plans to further reopen the economy when 50% of the population is vaccinated later this month. Elsewhere the Australian trade minister Tehan has said that a planned travel bubble between Singapore and Australia is more likely near the end of 2021 when both countries have made more progress on vaccinations.
- There are no domestic releases on the docket today, participants look ahead to GDP figures slated for release on Wednesday.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.