USD/SGD Steady, Supported by Rising Prospects for 'Trump Trade'

USD/SGD was steady during the Asian session, supported by rising prospects for the so-called “Trump Trade” following the weekend’s assassination attempt. A knee-jerk reaction in FX markets is expected to play out and there could be some support for USD, Maybank said.

USD/SGD was steady during the Asian session, supported by rising prospects for the so-called “Trump Trade” following the weekend’s assassination attempt. A knee-jerk reaction in FX markets is expected to play out and there could be some support for USD, Maybank said.