Sunday, July 10, 2016

Singapore Dollar And Other Emerging Markets Currencies May Have A Boost Post Brexit


While the world has been watching EUR, GBP, USD, and other majors, exotics remain in the periphery.
Emerging market currencies like Singapore Dollar SGD may benefit post Brexit.
Singapore is an interesting post Brexit Currency example because Singapore was part of Britain.
Singapore Dollar is offered as an ETF FXSG.
While the world watches Europe unravel, little attention is being paid to the rest of the world. In this case, that means countries who are not affected by Brexit or the European Union. This includes BRICs, Africa, Canada, most of Asia, Australia & New Zealand, Central and South America, and many other countries. An interesting one as an example is Singapore, because Singapore had the equivalent of a referendum in 1959 and decided to be independent.