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foreign exchange (forex)
Forex
Yen weakens to 155 against US dollar, raising intervention risk
Persistent weakness in the yen may also prompt the Bank of Japan to consider raising interest rates sooner than expected.
18 days ago
Forex
Japanese yen falls to key 150 level, sparking more intervention risk
The yen dropped as much as 0.3% to trade a 150.08 per US dollar, a level last seen on Aug 1.
October 17, 2024
Forex
Dollar surge is bringing 'pseudo tightening' to Southeast Asia
Indonesia is keeping a tight leash on liquidity by selling bills; Malaysia’s interbank rate has risen to the highest since July.
September 28, 2023
Singapore economy
The pivot in MAS’s policy came as no surprise to most analysts
Some of the analysts have kept their 2023 GDP estimates while others have lowered their full-year expectations.
April 19, 2023
Forex
Moomoo launches new forex product
moomoo SG launched a new forex product on its super app.
February 23, 2023
Forex
Singaporeans flock to foreign currency to lock in top interest rates
The appeal of the product led to foreign currency deposits rising 13% year-on-year in December to $936 billion.
February 10, 2023
Forex
Singapore retains position as third largest global forex centre
According to the MAS, Singapore’s share of global FX volumes also rose 1.8 percentage points y-o-y.
October 28, 2022
Broker's Calls
FX markets playing 'a game of two halves', USD to depreciate in 2H2022: DBS
Fed chair Jerome Powell did not rule out a US recession from the frontloading of Fed hikes to restore price stability.
June 28, 2022
Broker's Calls
Analysts positive on SGX buying MaxxTrader, but mixed on stock call
Phillip Securities has downgraded the stock to a “neutral” rating from “accumulate” previously.
July 26, 2021
Broker's Calls
Keep 'buy' for SGX despite potentially weaker 2H21 results: UOB Kay Hian
SGX is expected to release its FY2021 results ended June 30 on Aug 5.
July 13, 2021