Singapore Dollar Strengthens Against U.S. Dollar
The Singapore dollar strengthened against its U.S. counterpart amid falling U.S. Treasury yields, according to a market report.
The Singapore dollar strengthens against its U.S. counterpart, amid falling U.S. Treasury yields that tend to undermine the allure of U.S. fixed-income assets and demand for the greenback.
This is despite stronger-than-expected U.S. 3Q GDP growth and still-elevated U.S. inflation, OCBC FX strategis…