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USD/SGD – Sing Under Pressure, US Nonfarm Payrolls Next

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    USD/SGD has posted modest gains on Friday, as the pair trades at the 1.4380 in the European session. On the release front, Singapore Foreign Currency Reserves were slightly higher than expectations. Over in the US, the markets are anxiously awaiting the Nonfarm Payrolls report, one of the most important economic indicators. The estimate stands at 203 thousand. The Singapore dollar has started the New Year on a sour note, losing about 200 points this week. USD/SGD is trading close to 3-month

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