Dear readers, recently the US dollar has retreated slightly versus the Singapore dollar. As it now stands, 1 USD equals to SGD$1.34; down much lower than the SGD $1.38 which the USD dollar has managed to climb to on expectations of the interest rate hikes. If you are of the view that it is a matter of when and not whether US dollar will trend higher versus the Singapore dollar, it may be time now to make use of this market opportunity.
How? Well, by buying into US dollars now. Investors make also choose to invest in a defensive US play with potential upward capital appreciation. So that when the US dollar climbs against Singapore dollar, and the US stock appreciates in capital, you not only win, you win win. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks ......
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