CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
The base currency – USD. The counter currency – SGD. The USD/SGD chart is the American dollar/ Singapore dollar currency pair. It shows how much the USD is worth when measured against the SGD. The USD/SGD is regarded as an exotic pair. Historically, the Singapore dollar served as a speculative investment haven, due to Singapore’s high interest rates, less capital control, higher growth rates and less developed labour markets. This peculiar combination of features makes SGD a widely-traded currency. Follow the USD/SGD rate and explore this noteworthy trade vehicle.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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