Free Trial
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.
SGD
Singapore dollar gave back Monday's gains through the session yesterday, USD/SGD trades near Monday's opening levels, last down 1 pip at 1.3603.
- Support is seen for the pair at 1.3567, a 23.6% retracement level which coincided with the low print from Tuesday. Bulls will look for a break of the 2021 high at 1.3693, minor resistance above here seen at 1.3727.
- Fig.1: USD/SGD
Source: MNI/Bloomberg
- On the coronavirus front there were 136 new cases yesterday, 55 of which were unlinked which has raised concerns of an undetected cluster. The case count has been above 100 since July 19 as health officials attempted to contain a cluster from a fishery port that saw related outbreaks in several other areas.
- There are no domestic releases on the economic docket today.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok