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Forex Flash: AUD/SGD risks tilted to the upside - Westpac

By FXstreet.com,  January 11, 2013, 01:08:00 AM EDT

FXstreet.com (Barcelona) - AUD/SGD has the potentiality to keep breaking higher in the next few weeks, says Westpac FX strategist Sean Callow, "as AUD outperforms amid broad USD weakness" he notes.

"SGD is also likely to be hampered by sluggish domestic growth, feeding expectations for looser monetary policy in April. 1.31 is an obvious target but 1.32 is probably just out of reach, as in the previous upswing, in Aug 2012" Sean adds.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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