09 Apr '18, 5am

Singapore Dollar Looks to MAS & China Data, USD/PHP May Fall

Singapore Dollar Looks to MAS & China Data, USD/PHP May Fall

Trade war fears took its toll on sentiment last week, Malaysian Ringgit and Singapore Dollar fell There is plenty of event risk to go around this week: China data, MAS policy decision and US CPI USD/PHP showing signs of slowing momentum to the upside on the weekly chart, is it about to fall? Trade all the major global economic data live and interactive at the DailyFX Webinars . We’d love to have you along. Most ASEAN currencies like the Singapore Dollar and the Malaysian Ringgit fell, albeit modestly, against their US counterpart last week. Renewed fears over the possibility of a trade war between the two largest economies in the world took its toll on sentiment. US President Donald Trump ordered the consideration of additional tariffs against China last Friday. One standout was the Philippine Peso which stood strong against its US cousin. A CPI report showed that prices r...

Full article: https://www.dailyfx.com/forex/fundamental/article/special...

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