Long USDSGD

Wait 5 sec.

Long USDSGDYum! Brands, Inc.BATS:YUMthenck0507Capitalising on last night's USD strength -looks like a turnaround for USDSGD. Looking at history, SGD typically trades within a range. (see weekly). Recent months' price action has stretched the range a fair bit, short term trend signals a potential turnaround to revert to mean. Is a contrarian trade but seriously , can Singapore afford currency strength for prolong period of time given inflation may have eased off (stands to be corrected) and being one the most costly countries in the world? Think MAS left the trading band unchanged (Yesterday's news). Good luck!