Markets and Investing
Singapore dollar starts the week at $1.2597
Singapore dollar starts the week at $1.2597
The local currency has kept up its strengthening against the greenback as traders start the build-up to a key Fed meeting, says IG Markets Singapore.
Local market ‘faces uphill battle’, says analyst
The STI had already shown some negative signs last 20 July 2012, according to OCBC Investment Research.
Singapore dollar continues ascent against the greenback
The US dollar weakens against risk currencies as traders are prepared to take on more risks, says IG Markets Singapore.
STI fails to 'hold on to the optimism'
The index had fallen to just a 0.4% gain from a 0.6% higher opening on Thursday.
SGS bonds rally full steam ahead
SGS bonds are likely to remain supported in the current risk-off mode, according to OCBC.
Singapore dollar holds onto gains
Against the Singapore dollar the greenback has slipped in the last week from above $1.27 to currently trade at $1.2575.
STI manages to stage a rebound
The strong recovery on Wall Street plus the firmer Nikkei start could help sustain the recent rally in Singapore, says OCBC Investment Research.
USD-SGD forecast to see a heavier 1.2550-1.2650 range
The extreme strong end and corresponding weak end of the NEER fluctuation band are estimated at 1.2355 and 1.2865 respectively, says OCBC Bank.
Singapore dollar rallies against the greenback
The US dollar lost ground to major currencies following Ben Bernanke’s testimony to US Senators.
Firmer open set for STI
The recovery on Wall Street and the positive Nikkei start could continue to keep local sentiment buoyant, says OCBC Investment Research.
Singapore dollar edges higher against the greenback
The US dollar currently trades at $1.2629, down from above the $1.27 level last week.
STI rally running out of steam?
Plus renewed weakness on Wall Street is likely to dampen local sentiment, says OCBC Investment Research.
SGD NEER remains fairly stable
Expect the USD-SGD to be a touch heavy within a 1.2600-1.2700 band intra-day, says OCBC.
Singapore dollar trades at $1.2653
The local currency has regained some territory on the US dollar coming off the $1.27 level, says IG Markets Singapore.
Traders on the lookout for corporate earnings results
M1, K-Reit Asia, and K-Green Trusts are releasing Q2 results on 16 July 2012.
Singapore dollar slips above $1.27
The local currency lost ground to the US dollar as investors anticipate weak data from China, says IG Markets Singapore.
STI drops 0.6%
The index headed into a consolidation mode, says OCBC Investment Research.
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