Two Reasons To Love The Singapore Dollar
Here's a nice analysis of the outlook for the Singapore dollar from Ed Ponsi, president of FXEducator.com.
With the monetary authority willing to control inflation by changing the exchange rate rather than raising interest rates, the inflation picture in Asia is good news for all you Singapore dollar buyers out there, and all the investors jumping in will help too.
"We know inflation is here. There are a lot of concerns about that," Ponsi says. "To me, that says we're going to have a stronger Singapore dollar going forward." Take a look, starting around 3:15.
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