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
    1.2590+0.0036+0.29%
    USDSGD=X
    1.7376+0.0029+0.17%
    EURSGD=X
    2.1123+0.0057+0.27%
    GBPSGD=X
    81.4283-0.2455-0.30%
    SGDJPY=X
    6.1577-0.0179-0.29%
    SGDHKD=X
    2.5962-0.0049-0.19%
    SGDMYR=X
    9,160.9424-138.7422-1.49%
    SGDIDR=X
    4.9541-0.0146-0.29%
    SGDCNY=X
    1.1656-0.0003-0.03%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,275.20-9.40-0.73%
    GCM14.CMX
    19.30-0.14-0.74%
    SIK14.CMX
    92.88
    ^XAU
    3.11+0.05+1.55%
    HGK14.CMX
    101.55+0.11+0.11%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.76
    ^FVX
    2.72
    ^TNX
    3.49
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.123+0.001+0.82%
    B22.SI
    0.15+0.008+5.63%
    545.SI
    0.635+0.040+6.72%
    5WH.SI
    0.615+0.005+0.82%
    E5H.SI
    1.355+0.005+0.37%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    20.00+4.200+26.58%
    K6S.SI
    1.215+0.190+18.54%
    S53.SI
    0.415+0.045+12.16%
    570.SI
    1.345+0.130+10.70%
    5DA.SI
    0.154+0.014+10.00%
    5GD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.053-0.059-52.68%
    5TF.SI
    1.62-0.520-24.30%
    N02.SI
    0.20-0.020-9.09%
    E94.SI
    0.179-0.013-6.77%
    567.SI
    0.30-0.020-6.25%
    508.SI