English
Synopsis
The base currency of USDSGD is the U.S Dollar, and the denomination currency is the Singapore dollar, indicating how many Singapore dollars are needed to buy 1 U.S Dollar. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. Trade accounts for a huge proportion of Singapore's economy, and the U.S is Singapore's number one foreign investor. This currency pair is affected by global trends and changes. The direction of US interest rates is the most important factor affecting the movement of the Singapore dollar. The monetary policies of major countries in the world, international balance of payments, policy changes in various countries, relative inflation rates, the world's macroeconomics, domestic interest rates, short-term gove
Trading Terms
- Contract Size 100000
- Swap Long(Daily) % -0.00619%
- Leverage 50X
- Swap Short (Daily)% -0.00914%
- Minimum Lot Size 0.01
- Spreads 0.00029
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
USD/SGD
Day
-0.062%
FAILED
2025-05-09 12:00:05 (GMT+8)
USD/SGD
Day
-0.062%
FAILED
2025-05-09 04:03:05 (GMT+8)
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