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Best time to convert your USD to SGD?
By FinancialVeracity  •  November 22, 2023
Cross-pair trading have been in consolidation for the past 7 years. Looks like next year election will not just have domestic impact but global impact (obviously). But what makes it more interesting now to look at SGD compared to USD. 1-30 years rates are at ATH compared to the last recession. Dollar index looks like it wants to go higher? or not.. I personally do see the dollar index going lower. No complicated economics theory, because its always easier to macro bs than micro bs… you will eventually find whatever excuse to fit the bias you have. Side note: Looks like this narrative of weakening dollar / higher rates / high inflation / helicopter helps bitcoin alot, where <insert philosophical reason> is the key to full democracy. If you’ve miss out on this bull run like i did, solana airdrop farming is likely the next lucrative thing...
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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