Your views on the Sing vs US $

[Dwoon]

What are your views of the US vs the Singapore dollar exchange rates?

 

In the last 3 to 4 years, its been going down from ~1.7 to about 1.4 at the moment.

 

Do you think it'll go down much further? Given a 3 to 4 years from now, do you think it will go back to at least 1.5 to the Sing $? What are your views?

 

Appreciate views and feedback. Thinking of buying the dollar and putting into foreign currency deposit for the long term.

 

Thanks

[Mzrmazda3]

Today it's going down again...

 

1.394

[Maxus-MIFA9]

I still prefers 1:1....

 

Did went up US$1 to S$1.80 last year before sliding down to current value.

[Apollo]

u get ur wish when obama is elected.

[Maxus-MIFA9]

"u get ur wish when obama is elected"

 

 

I doubt he will be the nexr President of US.

 

Looking at today ST report, he was not orgin from US (Somalia). Critics had bombarded him for not crossing his right hand over his heart when singing the US national anthem.

[Apollo]

dun b surprised... republicians now flushing funds to his support as well as related unions to blooster his chances to match against mcCain then having clinton as the potential candidate.

 

mrs clinton has a big baggage seen to b total dislike for many americans. obama is also into sleaze and mud slinging, capitalizing on her past record yet he has a squeaky clean one becos he hardly drabble as yet. and many unions r backing him becos of his promises to CHANGE the job losses. he promises to renounce nafta and probably fta with countries like singapore.

[Acemundo]

you must be thinking of placing your money on US$ deposits, since the US$ is now at historical low against the S$.

 

Don't be misled by technical analysis. Fundamentals analysis is the way to analyse your positions over the long term. Technical analysis can only be the icing on the cake.

[Miles]

frankly, none of the candidates are good enough. they're all humans.

to have blemish free past, fulfilling huge ridiculous promises to the voters, yet protecting america's interest while balancing the world's interest ... you need to be a messiah.

 

... even then, many voters are voting for their own interest and may not vote for the messiah.

 

 

i think its going to be Obama vs McCain presidential race ultimately ... and the republican is going to win it again (with the house majority going to the democrats) because Clinton's supporters will not back Obama, and because never has an african american won historically.

I see this as a repeat of the 1988 election when Democrat nominees Michael Dukakis vs Jesse Jackson had some bloody fight... which ended in Dukakis vs Bush Sr in the presidential election where Bush won and held for 2 terms.

[Apollo]

i'm not against blacks but this obama comes across to me more as a used car salesman. always tok positive, siam the difficult qn.. i think he haven't kena tempered by fire fr LKY or davinder singh yet. they will shred him into pieces...

[Gearoil]

What are your views of the US vs the Singapore dollar exchange rates?

 

In the last 3 to 4 years, its been going down from ~1.7 to about 1.4 at the moment.

 

Do you think it'll go down much further? Given a 3 to 4 years from now, do you think it will go back to at least 1.5 to the Sing $? What are your views?

 

Appreciate views and feedback. Thinking of buying the dollar and putting into foreign currency deposit for the long term.

 

Thanks

 

Medium term...Sing dollar would remain strong...longer term like 3 to 5yrs or more...your guess is as good as mine!

[Gearoil]

To me it is not a question of colour...( of course money is...green that is!!! ) when it comes to who will be the next US President....it is whether he looks old enough to take-up the world's most important job!

 

Obama looks like he had just finished his Uni studies and going on to do his post Grad!

[Princey_anne]

Thanks godness I did not placed my SG as USD.

[Miles]

Advice from my FP friend - stay clear of the greenback for now.

capitalize on weakened Euro.

buy lots of RMB if you can get them.

 

safe haven? Swiss franc.

[Miles]

i'm not into colours... more into audio quality and acting skills.

so far both the male and female candidates are top class sweet talkers with the oscar going to the man.

the female candidate comes across as more genuine, but you'll never know.... they are all world class actors not in the showbiz.

[Will_I_Am]

Alternatively, can also look at NZD or AUD.

[Santa]

the current interest rate for usd deposit might go lower - hence the yield not that fantastic to risk your money to the exchange rate. unless u talking on 10 yrs terms then probably not a bad ideas i suppose to buy at current 1.4 level and if it dipp lower buy further to average out. just my thoughts

 

if u have cash - i think best is to stay put for the time being and leave with the pathetic interest rate for next few month to see how this market react.

Edited February 27, 2008 by Santa