"Forex Trader-USD became weak after Singapore tightened Policy"

[sarahfx]

In the morning session of forex market, the dollar index declined below the assistance of 76.90, hit the record low of 76.55.
The forex trading head of Mitsubishi UFJ Morgan Stanley Securities said that owing to the Monetary Authority of Singapore announced to tighten the monetary policy unexpectedly, contrasting sharply with expectation that the Federal Reserve will ease the monetary policy and the USD declined quickly.
The Monetary Authority of Singapore decided to tight the monetary policy and kept the SGD appreciated step by step, but expand the interval of SGD forex rate.