Singapore tightens policy, allowing SGD to rise to record levels against USD Singapore GDP +8.5%, inflation rising BRICS statement again refers to reserve currency issues UK consumer confidence rises in March President Obama lays out plan for long-term debt reduction RBA Stevens: China and India economic growth is transformative event Gold and Oil rise 0.3% to $1459/oz and $107.40/bbl respectively Regional bourses -0.4% on average It was a very quiet session for the first 3 hours until the MAS revealed its expected policy change. EUR/USD and AUD/USD both fell after the announcement, with the logic being that the ACBs ... (full story)