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.
Oxley reports 117% surge in 1H21 earnings of $34.1 mil on higher revenue, lower finance costs - THE EDGE SINGAPORE

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.

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

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.

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.

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

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.

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.

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

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).
×