Market View: Singapore dollar against major currencies this week. Which are the pairs to watch? episode artwork

EPISODE · Oct 1, 2024 · 9 MIN

Market View: Singapore dollar against major currencies this week. Which are the pairs to watch?

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

The Singapore dollar is trading at its strongest level in almost a decade against the U.S. dollar amid lower U.S. interest rates coupled with investors' confidence in its resilient economy. The recent rate cut by the Federal Reserve and announcements by the People’s Bank of China have caused movements among many major currencies. How is the Singapore dollar faring against the US dollar, the sterling pound, the yuan, the Australian dollar and the Malaysian ringgit?  Yeap Junrong, Market Strategist at IG, gives his take on the state of play at the current levels and shares a trade idea. See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Oct 1, 2024

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Market View: Singapore dollar against major currencies this week. Which are the pairs to watch?

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