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Singapore Dollar (SGD)
Singapore economy
Singapore dollar’s fortunes darken as buy momentum set to wane
The US dollar/Singapore dollar cross is poised to test initial resistance at its 100-day moving average.
March 04, 2021
Results
Oxley reports 117% surge in 1H21 earnings of $34.1 mil on higher revenue, lower finance costs
Earnings per share (EPS) for the period stood at 0.81 cents compared to 0.37 cents the year before.
February 15, 2021
Broker's Calls
OCBC bullish on US Dollar recovery but contested elections could spoil the party
OCBC is negative on EUR-USD and GBP-USD and recommends USD-JPY as a hedge should the US election outcome be conteste
September 28, 2020
Singapore economy
Singapore dollar hits six-month high after latest stimulus package
Singapore’s large pool of fiscal reserves is proving to be a boon for the nation’s currency.
August 24, 2020
Singapore economy
Singapore dollar seen sliding as central bank faces downturn
SINGAPORE (Oct 10): Singapore’s dollar is set to weaken because the central bank is likely to scrap its appreciation bias at a policy meeting next week, according to a growing group of forecasters.
October 10, 2019
Singapore economy
Weaker Singdollar to drive Singapore's economic growth
(Aug 5): Singapore has turned out to be the canary in a coal mine and an unwitting casualty of the simmering trade tensions between the US and China. The city state is experiencing a slowing economy, with GDP growth declining from 1.1% in 1Q2019 to an adv
August 01, 2019
Currencies
Trade truce may throw up a surprise winner: the Singapore dollar
(Mar 4): The end of the US-China trade war may throw up a surprise winner among Asia-Pacific currencies other than yuan: the Singapore dollar.
March 01, 2019
Currencies
Stubbornly strong Singapore dollar signals new inflation battle
(Aug 28): Singapore’s dollar is approaching the upper boundary of its trading band as speculation mounts that the central bank will boost the exchange rate for a second time this year to combat inflation.
August 28, 2018
Singapore economy
Singapore rate decision tomorrow signals likely extent of trade war damage
(Apr 12): Singapore is about to send a signal on trade wars. As one of the world’s most open economies, the city-state is caught in US-China crossfire. A central bank policy decision on Friday will hint at how much damage rate-setters expect tariffs to
April 12, 2018
In print this week
Asian currencies are crashing against the USD. Is it time to buy more USD or take profit?
SINGAPORE (Nov 18): When news first broke that Donald Trump would be the next president of the US, the US dollar (USD) plummeted against other major currencies such as the euro (EUR) and Japanese yen (JPY).
November 18, 2016