USDSGD trade ideas
USDSGD 25th JULY 2022Data from Singapore released today showed inflation based on the consumer price index (CPI) grew 6.7% (yoy) in June, which was the highest level in 14 years, since September 2008.
Core inflation also rose 4.4% (yoy) from May's 3.6%, and was at its highest level since December 2008.
Inflation in Singapore continues to rise, even though the Monetary Authority of Singapore (MAS) has tightened its policy three times.
SINGAPORE INFLATION
USDSGD D1
USDSGB top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.