Quote:
Originally Posted by nitecrawllerr
But depreciated badly against greenback  |
what goes up will come down and vice-versa...
MAS did a monetary easing in other country it means cutting rates...
US is due for rate cut and forex just factor in the rate cuts...so in one session USD to SGD dropped from 1.4 to 1.39...
Is the gahmens playing which we cannot do anything....
watch the DOJ index and Gold...then you have a clue what is coming....
When Gold reached USD 1690,...some sold billions of Gold...and who knows what the money used for...