EUR/SGD: indicates the rate of euro to the Singaporean dollar. An exotic and low-liquid instrument. Its volatility depends on economic events. It’s traded most actively on Wednesdays and Thursdays.
Factors influencing the rate:

drop or growth of oil prices (SGD is closely connected to the USD, which is affected by oil prices in general);
important economic data and news: monetary policy, interest rates;
economic indicators of the EU countries;
business activity index.

There’s a strong correlation of EUR/SGD with CHF/SGD, as well as with EUR/ZAR.

How to make money EURSGD

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Economic calendar

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Economic Calendar is one of the most important tools in trading. It's formed by experts based on

Reading the economic calendar is easty. It displays all the events that can affect the direction of the market and helps traders make educated decisions.

What financial news is the most important? First of all, it's interest rates, GDP, employment data, new home sales, inflation. Become our client to get full access to all our analytical materials.