Discover How to Protect Your Business and Profit from USD/SGD Volatility in Our Webinar
Foreign exchange markets can be unpredictable. For example, USD/SGD dropped 6% over three months from July to September 2024, only to regain about 3% in October 2024.
If you were managing a substantial amount of USD—say, $1 million—these fluctuations could have major financial consequences. To illustrate, let’s walk through how AI-driven forex analytics can help protect and optimize your assets.
Predict Trend Change
USD/SGD dropped more than 6% from 1.36 to 1.28 over a short span of 3 months from July to September 2024. For each million of US dollars holdings that you held during this period, you stand to lose SGD80,000. We know of businesses that sold goods to their customers when USD/SGD is at 1.36 and when their customers paid them 3 months later, USD/SGD had dropped to below 1.30, wiping out their profits for the sale.
In this webinar, you will learn how to predict possible trend change in USD/SGD and minimize losses due to forex fluctuations.
Identify Possible Reversal
You may be caught by surprise when Singpoare dollar strengthens aggressively from 1.28 to 1.32 in October.
After attending our webinar, you will learn why it is not a surprise to us at all that Singapore dollar decline may stall at 1.28 and you could save as much as SGD40,000 for each USD million that you have.
With the right tools and timely insights, however, you can protect your business’s foreign exchange earnings and savings. You may even be able to benefit from market fluctuations. This article will explain how our AI-enhanced forex analytics can help you anticipate and act on currency trends, using recent USD/SGD movements as a case study.
Key Webinar Takeaways
- Learn to accurately identify trend change signals.
- Understand the factors that influence USD/SGD movements.
- Gain insights into our forecast for USD/SGD in the near future.
- Discover easy methods to hedge forex risk effectively.
This session will be led by Henry Ong, CFA, Chief Strategist at Mavenpolis.com, with over 15 years of experience in forex markets. Gain insights from a seasoned expert and learn strategies to navigate volatility with confidence.
Reserve your spot now and take control of your forex risk management strategy! Seats are limited.