Thinking of trading CHF/SGD?
- 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. In a recent Bloomberg survey, experts said that the Singapore dollar would be the best performing Asian currency this year, and one of only 4 Asian currencies to increase in value relative to the US dollar. 3. Against what should be the worst performing Asian currencies, the Indonesian rupiah, the Thai baht and the Philippine peso, significant Singapore dollar appreciation can be expected.
Trading CFDs involves significant risk of loss
How would you like to trade CHF/SGD?
- 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
Trading CFDs involves significant risk of loss
- 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
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Trading CFDs involves significant risk of loss
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
Trading CFDs involves significant risk of loss
Trade CHF/SGD with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. The largest component of Singapore's exports is electrical, electronic equipment whereas Switzerland's largest export components are pearls, precious stones, metals, coins. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair. 2. 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.
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'