Singapore dollar trades at $1.2206

Fiscal cliff issue remains the biggest factor.

IG Markets Singapore said:

The Singapore dollar trades at $1.2206 this morning against the greenback having moved very little as traders assess the likelihood of a fiscal cliff being struck before the end of the month.

This concern is the most significant among FX traders currently and has prevented them from taking bigger end-of-year bets on Asian currencies.

There are plenty of mixed messages coming out of US lawmakers' mouths and it is proving hard to predict when a deal will come.

Uncertainty rules the roost and this plays against traders who are finding it hard to stay in the market.

A Fed meeting that is expected to launch QE4 long-dated bond-buying is expected to conclude tonight which could lead to dollar weakness.



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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3169-0.0104-0.78%
    USDSGD=X
    1.4458+0.0011+0.08%
    EURSGD=X
    2.0195-0.0017-0.08%
    GBPSGD=X
    90.2084+0.4811+0.54%
    SGDJPY=X
    5.8840+0.0447+0.77%
    SGDHKD=X
    2.6923+0.0216+0.81%
    SGDMYR=X
    9,824.2158+67.5498+0.69%
    SGDIDR=X
    4.7091+0.0234+0.50%
    SGDCNY=X
    1.0524+0.0104+1.00%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,210.70+7.50+0.62%
    GCM15.CMX
    16.58+0.19+1.17%
    SIK15.CMX
    73.48+1.80+2.51%
    ^XAU
    2.780.00+0.02%
    HGN15.CMX
    56.87-0.12-0.21%
    CLM15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.37+0.02
    ^FVX
    1.95+0.02
    ^TNX
    2.64+0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.2950.0000.00%
    5WA.SI
    0.865+0.015+1.76%
    N21.SI
    0.42-0.01-1.18%
    E5H.SI
    0.235+0.005+2.17%
    5GB.SI
    0.745-0.020-2.61%
    Y92.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.159+0.046+40.71%
    5IF.SI
    0.28+0.06+27.27%
    5OC.SI
    0.136+0.026+23.64%
    5UA.SI
    0.23+0.02+9.52%
    M11.SI
    0.24+0.02+9.09%
    5CF.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.188-0.052-21.67%
    5OF.SI
    0.089-0.016-15.24%
    S13.SI
    1.40-0.13-8.50%
    T14.SI
    0.325-0.030-8.45%
    T43.SI
    0.435-0.040-8.42%
    CH8.SI