Hey folk
USD is not doing very good. Technical analysis have shown us that the USD will weaken further. If you see the monthly chart, it is horrible. It going to go down more.
When will the USD turn around? Well, wait till the FED increase interest rate. Until then, the USD is still moving lower.
People there that are holding USD or USD product and need to liquid them in the near term may lost out on exchange rate. MAS have stated to further raise the exchange rate of Singapore. Mean we are getting a strong SGD. YEAH. Mean going to travel is cheaper.
