NZD/SGD – Bearish Outlook in a Quiet News Week

Wait 5 sec.

NZD/SGD – Bearish Outlook in a Quiet News WeekNZD/SGDOANDA:NZDSGDcdsolta NZD/SGD faces a week of low-impact data for both the New Zealand and Singaporean dollars. When economic calendars are quiet, SGD tends to attract flows due to its reputation as a safe and stable currency, especially in the Asia-Pacific region. The New Zealand dollar, being more sensitive to global risk sentiment and commodity flows, lacks the support of any domestic catalysts and can be pressured by risk aversion or global uncertainty. **In summary:** A lack of meaningful news leaves NZD/SGD vulnerable to a bearish drift, as the Singapore dollar's safe-haven status comes to the fore.