Singapore Dollar predictions 2012

forex trading outlook today - Singapore Dollar predictions 2012 : Singapore's economy will grow by 3.0 per cent in 2012, slowing from an expected 5.2 per cent in 2011 as the global economy and financial services sector cool, according to central bank's

The median forecast is at the upper end of the government's growth forecast range of 1-3 per cent for 2012. we expects the Singapore dollar to strengthen to $1.23 against the US dollar by the end of 2012.

financial services sector in Singapore, which is one of Asia's biggest wealth management centre, is expected to slow to 4.2 per cent in 2012 from a forecast of 9.4 per cent in 2011.

SGD vs USD Exchange Rate forecast 2012

forex trading outlook today - SGD vs USD Exchange Rate forecast 2012 : Maybank says the USD/SGD may be weighed by the euro, the U.S. market and political-economic developments over the coming months. However, "given that the (Monetary Authority of Singapore's) policy decision was in-line with our expectations," the house maintains its end-2011 USD/SGD forecast of 1.3100 and end-2012 forecast of 1.2500. "We think the major risks for the Singapore economy may emerge from a much weaker than expected Eurozone economy as well as food price pressures over the near term," it says.

singapore dollar vs US dollar prediction 2012

forex trading outlook today - singapore dollar vs US dollar prediction 2012 ; Singapore's economy will grow by 3.0 per cent in 2012, slowing from an expected 5.2 per cent in 2011 as the global economy and financial services sector cool, according to central bank's survey of private economists released on Wednesday.

The median forecast is at the upper end of the government's growth forecast range of 1-3 per cent for 2012. The survey also expects the Singapore dollar to strengthen to $1.23 against the US dollar by the end of 2012 from an estimate of S$1.28 by the end of the year. It traded around $1.31 at 0300 GMT.