{"id":419189,"date":"2026-02-09T08:46:27","date_gmt":"2026-02-09T03:16:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/constructive-view-with-cny-support-mufg-crypto-news\/"},"modified":"2026-02-09T09:16:46","modified_gmt":"2026-02-09T03:46:46","slug":"constructive-view-with-cny-support-mufg-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/constructive-view-with-cny-support-mufg-crypto-news\/","title":{"rendered":"Constructive view with CNY support \u2013 MUFG &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-content\">\n<div>\n<p>MUFG\u2019s Asia FX team keeps a constructive stance on the Singapore Dollar (SGD), arguing that a firm Chinese Yuan and resilient domestic growth should underpin SGD. With Monetary Authority of Singapore (MAS) maintaining its Nominal Effective Exchange Rate Index (S$NEER) policy settings and Singapore\u2019s Q4 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\">GDP<\/a> likely to be revised higher.<\/p>\n<h2 class=\"fxs_headline_from_medium_to_large\">SGD benefits from CNY and growth<\/h2>\n<p>&#8220;Against this backdrop, we retain a constructive <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\" data-fxs-autoanchor=\"\">outlook<\/a> on the SGD and MYR, which should continue to benefit from firmer CNY sentiment and overall stable domestic macro fundamentals.&#8221;<\/p>\n<p>&#8220;Singapore\u2019s final Q4 GDP may show growth faster than the advance estimates, highlighting resilient domestic momentum.&#8221;<\/p>\n<p>&#8220;MAS left its current monetary policy setting unchanged at its January policy review, maintaining the prevailing rate of appreciation of the S$NEER band with no adjustments to its width or the level at which it was centred.&#8221;<\/p>\n<p><em>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MUFG\u2019s Asia FX team keeps a constructive stance on the Singapore Dollar (SGD), arguing that a firm Chinese Yuan and resilient domestic growth should underpin SGD. With Monetary Authority of Singapore (MAS) maintaining its Nominal Effective Exchange Rate Index (S$NEER) policy settings and Singapore\u2019s Q4 GDP likely to be revised higher. SGD benefits from CNY [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":419190,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-419189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/419189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=419189"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/419189\/revisions"}],"predecessor-version":[{"id":419191,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/419189\/revisions\/419191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/419190"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=419189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=419189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=419189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}