Trade EURSGD

0 (0%)
Daily change
High:
Low:

Thinking of trading EURSGD?

    1. Assuming no serious escalation in trade tensions between the US and China, nor a major downturn in the global economy, either of which could be a hammer blow to a trade-dependent country like Singapore, the Singapore dollar will likely appreciate further in the year ahead. 2. Due to the country's strategic port, Singapore is much more competitive than some of its neighbouring countries when it comes to entrepôt (buying raw materials and refining them for export) activities, and the Port of Singapore is the world's second busiest in terms of its cargo tonnage.
Start Trading

Trading CFDs involves significant risk of loss

Get daily trading signals

  • Shares/Indices
  • Forex
  • Gold/Oil
BUYSELL

Powered by
TradingCentral

Trading CFDs involves significant risk of loss

How would you like to trade EURSGD?

Fondex cTrader features an impressive array of trading tools that can help you analyse the Forex market with efficiency and precision.
  • Tight spreads & reliable execution
  • 70+ pre-installed indicators
  • Custom indicators
  • 26 time frames
  • Live Sentiment data
  • Chart trading
  • Advanced Take Profit & Stop Loss
  • Depth of Market
TRADE MANUALLY

Trading involves risk of loss

Fondex cTrader’s Copy functionality enables you to copy strategies from other traders or provide signals and charge a fee.
  • Vast selection of strategies to copy
  • Efficient risk management
  • Can start and stop copying at your will
  • Flexible allocation of funds
  • Detailed performance reports
  • Full transparency & access to historical data
COPY

Trading involves risk of loss

Use cBots to monitor and trade multiple Forex pairs at the same time. When you use cBots to trade, an algorithm opens and closes your positions without any decision-making on your part.

For beginners:

  • Great choice of available cBots for various trading strategies and risk tolerance levels
  • Simple Plug and Play functionality

For advanced traders:

  • Ability to create your own cBot or custom indicator
AUTOMATE

Trading involves risk of loss

Singapore dollars were introduced in 1967, and was initially pegged to the pound sterling at a rate of 8.57 dollars to the GBP until the Nixon Shock in the 1970s. After that the currency was pegged to a basket of currencies from 1973 to 1985, when it adopted a market-oriented exchange system and was allowed to float. the SGD was linked to the USD for a short time. Nowadays, the Singapore dollar is the twelfth-most traded currency in the world by value. The Euro currency was created in 1990 to make an economic monetary union aiming to mitigate the risks involved with cross border transactions. However, it was only in 2002 that the currency was introduced in physical form, before this it was pegged with the national currencies at a fixed exchange rate.When the price of raw materials goes up, there will be an impact on the country's economy. Likewise, as the country is quite reliant upon its export market for a large portion of its GDP, the global value of and demand for its primary exports such as chemicals, services and electronics have a key role to play in determining the value of the currency.

1. There are many macroeconomic factors/events (fundamentals) that affect CHF/SGD exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. 2. This body manages the rate of exchange by intervening in the foreign exchange market, and by adjusting the liquidity in the banking system through liquidity facilities and money market operations. Statements on the nation's monetary policy are released twice annually.

Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.

For more information, please view the 'Risk Disclosure'