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There has been a lot of uncertainty and volatility in the market as traders are waiting for a major news release. Suppose the bid-ask price

There has been a lot of uncertainty and volatility in the market as traders are waiting for a major news release. Suppose the bid-ask price for S(SGD/USD) was 1.3540/70 before the news release. After the news was released, traders saw the news as being positive for the SGD and the uncertainty is reduced. Which of the following bid-ask price would be most appropriate to reflect this result?

Group of answer choices

1.3650/70.

1.3640/80.

1.3420/60.

1.3430/40.

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