Economists at Credit Suisse think USD weakness will push USD/SGD lower in a 1.28-1.34 range.
Prospect of a dovish Fed pivot means that the NEER basket will strengthen against the USD
“For USD/SGD, the movements of the broad US Dollar, rather than SGD NEER volatility, has been the bigger driver of USD/SGD over the last 12 months. We expect this trend to continue in Q2 2023.”
“The prospect of a dovish Fed pivot means that the NEER basket will strengthen against the US Dollar. Therefore, because of our view for a weaker USD against basket currencies (including JPY and EUR), we expect USD/SGD to fall in Q2 within a 1.2800-1.3400 range.”
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang