SGDJPY chart by TradingView


The Singapore Dollar/Japanese Yen represents the exchange of the Singapore Dollar with Asia's safe haven currency- the Japanese Yen. Singapore has one of the highest GDP per capitas in the entire world. Singapore imports and exports are each bigger than the country's GDP, but the trading partners are spread between different countries, and the economy is therefore influenced by global economic health.


Effectively Managing a Live SGD/JPY Trade

While an initial long position in SGD/JPY is running nicely, it’s essential for conservative traders to take action and reduce risk, while more aggressive traders may follow clearly defined steps and add to the existing position.
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