Singapore Dollar Edges Lower Against U.S. Dollar
The Singapore dollar edges lower as U.S. Treasury yields rise slightly. The report also cites higher U.S. interest rates and energy independence amid a war-driven surge in energy prices.
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EMERGING MARKETS — Asian currencies weaken after hot US inflation, Korea stocks down 8%
South Korean won hits 2-week low Taiwan dollar slips to early August levels Philippine peso hits record low South Korean chipmakers dive 10%-12% Singapore, Indonesian shares down 1% Oct 15 (Reuters) — Most currencies in emerging Asia weakened on Thursday against the US dollar, after hotter-than-expected US inflation fu
Singapore Dollar Edges Lower Amid Rising U.S. Treasury Yields
The Singapore dollar weakened slightly against its U.S. counterpart in the Asian session as rising Treasury yields increased the allure of U.S. fixed-income assets and demand for the greenback.
Singapore Dollar Edges Lower Amid Possible Position Adjustments
The Singapore dollar experienced a slight weakening against the U.S. dollar during the Asian session, attributed to possible position adjustments. However, the currency might find support from the weaker-than-expected U.S. nonfarm payrolls report released Friday, which reinforced expectations of a potential Federal Res
Singapore Dollar Edges Lower Amid U.S.-Iran Tensions — Market Talk
The Singapore dollar weakens slightly against its U.S. counterpart in the Asian session amid U.S.-Iran tensions. The persistent tensions have "kept oil prices elevated and reinforced concerns about inflation," two strategists at OCBC Group Research say in a research report. "Recent market moves sug…
FOREX — Yen slumps after BOJ hikes rates as expected
BOJ votes 7-2 to hike by 25bps; Governor Ueda to brief media at 0630 GMT Dollar stabilises as Fed narrowly seen hiking next month Sterling level after BoE holds rates, pauses gilt sales (Adds BOJ decision, updates markets) By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) — The yen sank against its major peers in As