Irene Cheung, Senior FX Strategist at ANZ, had reviewed their SGD crosses in the wake of MAS’s shift to a neutral S$NEER policy last week. Key Quotes “The MAS’s move reinforces our view of buying dips for EUR/SGD and JPY/SGD. However, we remain bearish on GBP/SGD. AUD/SGD has performed better than our expectation. In the near term, we continue to favour buying dips for AUD/SGD. Trade the range for NZD/SGD, a good candidate for yield enhancement investments. We expect SGD to outperform the CNH but underperform the MYR.” For more information, read our latest forex news.