The EUR/SGD currency combination is not widely traded outside of Singapore, yet it still has a relatively sizable following. The pair is heavily impacted by the correlation of two major world economies: the Eurozone and Singapore. Traditionally erratic and hard to predict, the combination is ideally suited to the experienced investors with high risk thresholds, offering the potential for profits as great as the gambles you’ll need to take.

In contrast to the EU, Singapore is a small and compact island-state, focused on services, with the area of less than 720 square meters.

The main factors affecting EUR/SGD are oil prices, interest rates, inflation, monetary policy, speeches and statements of the Central Banks representatives, EU economic indicators (Germany and France in particular), Trade balances of both countries and the Business activity level (for both countries).

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