Forex News USD/SGD falls as MAS raises 2008 inflation target to 6%-7% from 5%-6%, with pair sliding to 1.3600 vs 1.3630 just before forecast change announcement at 0400 GMT. Trader says higher inflation target reinforces MAS's strong SGD policy, possibly giving cue for pair to decline more after peaking at 1.3660 yesterday; "dollar/Sing is a not a bad sell at this level." Says pair may find next support near yesterday's low around 1.3570.
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