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
    1.3688-0.0022-0.16%
    USDSGD=X
    1.4903-0.0004-0.03%
    EURSGD=X
    2.0331-0.0023-0.11%
    GBPSGD=X
    87.0225+0.0495+0.06%
    SGDJPY=X
    5.6641+0.0082+0.14%
    SGDHKD=X
    2.6795+0.0046+0.17%
    SGDMYR=X
    9,530.4033+28.2129+0.30%
    SGDIDR=X
    4.5432+0.0134+0.29%
    SGDCNY=X
    1.0676-0.0052-0.49%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,201.30-3.50-0.29%
    GCJ15.CMX
    17.06-0.08-0.47%
    SIK15.CMX
    68.39-1.10-1.58%
    ^XAU
    2.78-0.03-0.96%
    HGK15.CMX
    50.49-0.94-1.83%
    CLK15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.47+0.06
    ^FVX
    2.01+0.09
    ^TNX
    2.60+0.10
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.42+0.01+3.70%
    E5H.SI
    0.168+0.005+3.07%
    5GB.SI
    0.935+0.005+0.54%
    N21.SI
    0.285-0.005-1.72%
    5WA.SI
    0.31+0.02+6.90%
    T4B.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.135+0.011+8.87%
    5G2.SI
    0.136+0.011+8.80%
    40E.SI
    0.38+0.03+7.04%
    D03.SI
    0.31+0.02+6.90%
    T4B.SI
    0.55+0.03+5.77%
    SK3.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.22-0.02-6.38%
    5RE.SI
    0.225-0.015-6.25%
    5GJ.SI
    0.113-0.006-5.04%
    5WV.SI
    0.132-0.005-3.65%
    C3T.SI
    0.114-0.004-3.39%
    5GI.SI