Investment Management
* As early as March 7, we advised to Buy USD/SGD between S$1.2400 and S$1.2460. Target Price: S$1.2900. Time Horizon: 6 Months * On 9 May, USD/SGD fell to as low as S$1.2268 * On 8 July USD/SGD surged to S$1.2860, just short of our S$1.2900 target price * We advise investors who can afford […]
* On May 21, when USD/MYR was at RM$3.0150, we advised to Buy between RM$3.01 and RM$3.02. Target: RM$3.12. Time Horizon: 6 Months * On 11 June, SGD/MYR surged to RM$3.1615, above our RM$3.12 target price * Investors who followed our advice made a profit of 4.85% over 21 Days * We advice investors to […]
* On 29 May when SGD/MYR was at RM$2.4250, we advised to Buy SGD/MYR between RM$2.42 and RM$2.43. Target: RM$2.50. Time Horizon: 5 Months * On 12 June, SGD/MYR surged to RM$2.5098, above our RM$2.50 target price * Investors who followed our advice made a profit of 3.50% over just 14 Days * We advice […]
Zealand’s rising house prices will increase the pressure on the central bank to raise interest rates, Finance Minister Bill English said. * “These households heading into quite high debt to buy highly priced houses need to be aware at some stage the RBNZ will increase interest rates, particularly if the housing market keeps growing at […]
* AUD/USD has finally bottomed out and has issued a bulish signal on 6 June * Even though the currency has fallen the to a three year low, we still may see a 0.25% rate cut in Aug/Sep which is politically motivated. Traders are pricing in 33 basis points of rate cuts within the next […]
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