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RISK WARNING:

Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

US dollar vs. Singapore Dollar •USDSGD•

About

USDSGD

The USDSGD is an exotic currency pair representing the United States dollar to the Singapore dollar. In this pair, the USD is the base currency, and the SGD is the counter currency meaning that prices are quoted in terms of the Singapore dollar. The SGD represents a highly developed free-market economy characterized by stable prices and an open, corruption-free environment. It has become a speculative investment haven known for its high-interest rates, higher growth rate, and fewer capital controls. With both countries being major industrial nations, their currencies are affected by the state of their manufacturing sectors, both at home and abroad. In relation to the US dollar, the SGD trades under a linked exchange rate system.

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