Singapore Dollar Weakens as Risk Appetite Fades
The Singapore dollar weakens against the U.S. dollar amid fading appetite for risky assets, DBS senior FX strategist Philip Wee says. Investors are watching whether the U.S. midterm election results will shift control of Congress to Democrats.
The Singapore dollar weakens against its U.S. counterpart amid fading appetite for risky assets. Investors are turning their attention to whether the U.S. midterm elections results will shift control of Congress to the Democrats, DBS senior FX strategist Philip Wee says in a note.
The outcome will…