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Gilts and Pound


Bonds Bounce Post-BoE

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Singapore dollar has moved in a narrow range this week, the pair consolidating around the 76.4% retracement level at 1.3245. The rate last down 4 pips at 1.3236.

  • Fig.1: USD/SGD

Source: MNI/Bloomberg

  • Elsewhere Singapore will increase group gathering sizes and allow dining-in at food outlets to resume after aggressive virus restrictions over the past month, officials have now judged infection numbers low enough to loosen restrictions gradually starting from June 14.