USD Cash Plus

1) I have purchased it since its inception. I think i have hold it for about 3 months long. It is really a good source given its near to risk-free holdings.

2) Given the positive job data, the FED will likely continue to raise its interest basis point to 5.1% in March meeting. This is going to cause stock markets to be in jittery again as people can opt for higher interest rate and less volatility instrument compared to stocks.

When the interest rate is stronger for USD currency, holding USD is definitely better as the 7-days yield is higher than SGD Cash Plus. I will hold for now still before my deployment of funds.