TravelEx - 27 Aug 2008 Wednesday

Woohoo... Grads Read Below! (rem what I said few weeks ago about Tharman's speech.. hint hint

Sing Dollar >>

"The Singapore dollar extended early losses and dipped 0.6 percent against the U.S. dollar as market players speculated the central bank may shift its monetary policy away from battling inflation towards one more supportive of growth."

Summary: Volatile, Time Frame: Many Months, Remark: USD/SGD has always been a volatile pair due to tight stops, especially now in a cross-currents market. There are higher probability pairs out there.

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Summary from ihtLabs

Economy Update

Grads - Remember we talked about the "speech" for the Singapore economy in the past few sessions? It looks like it is gaining momentum. Are you ready? Adjust your Wealth Portfolio accordingly, or join Finance Your Passion - http://www.financeyourpassion.com/ to get your portfolio ready for the economic change.

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