USDSGD has been trading in tight ranges

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๐”น๐•–๐•—๐• ๐•ฃ๐•– ๐•ช๐• ๐•ฆ ๐•ฃ๐•–๐•’๐•• ๐•ฅ๐•™๐•š๐•ค ๐•š๐••๐•–๐•’, ๐•ก๐•๐•–๐•’๐•ค๐•–, ๐•”๐•๐•š๐•”๐•œ ๐•ฅ๐•™๐•– ๐‹๐ˆ๐Š๐„ ๐›๐ฎ๐ญ๐ญ๐จ๐ง ๐•ฅ๐•  ๐•ค๐•ฆ๐•ก๐•ก๐• ๐•ฃ๐•ฅ ๐•ž๐•ช ๐•จ๐• ๐•ฃ๐•œ.
๐•€ ๐•จ๐• ๐•ฆ๐•๐•• ๐•’๐•ก๐•ก๐•ฃ๐•–๐•”๐•š๐•’๐•ฅ๐•– ๐•š๐•ฅ.

The pair has been trading in tight ranges in the latest trading sessions, with bears and bulls apparently reluctant to take the lead. For fundamentals, in spite the challenging year that suffered with global economic uncertainties, the city state beat expectations for investment commitments last year. Last year, Singapore $15.2 billion in investments. These investments are expected to create more than 32,000 jobs over the coming years, according to Economic Development Boardโ€™s (EDB) announcement in its year-end review. The vast majority of these jobs will be for Singaporeans, according to Trade and Industry Minister Chan Chun Sing. This would be similar to the trend between 2015 and 2018. Around 60,000 jobs popped out during the period. Around 50,000 jobs of those went to Singaporeans, according to minister Chan. Large manufacturing investments from semiconductor, energy, and chemicals were key to the rise in investment.

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