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
    1.3803+0.0026+0.19%
    USDSGD=X
    1.5066-0.0025-0.17%
    EURSGD=X
    2.1501+0.0027+0.12%
    GBPSGD=X
    89.9616-0.0435-0.05%
    SGDJPY=X
    5.6178-0.0099-0.18%
    SGDHKD=X
    2.8009+0.0016+0.06%
    SGDMYR=X
    9,796.7793+15.9658+0.16%
    SGDIDR=X
    4.5005-0.0071-0.16%
    SGDCNY=X
    1.0202+0.0176+1.76%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,087.20-2.00-0.18%
    GCU15.CMX
    14.57+0.01+0.09%
    SIZ15.CMX
    45.28-0.26-0.56%
    ^XAU
    2.36+0.01+0.58%
    HGU15.CMX
    46.23+0.67+1.47%
    CLV15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.58+0.06
    ^FVX
    2.20+0.05
    ^TNX
    2.89+0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.60+0.13+27.66%
    N21.SI
    2.35+0.15+6.82%
    MC0.SI
    0.32+0.01+3.23%
    E5H.SI
    0.129+0.006+4.88%
    5DN.SI
    0.310.000.00%
    5WA.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.60+0.13+27.66%
    N21.SI
    0.445+0.065+17.11%
    AZT.SI
    0.31+0.05+16.98%
    578.SI
    0.15+0.02+16.28%
    EB7.SI
    0.119+0.014+13.33%
    5FR.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.23-0.04-14.81%
    5WR.SI
    0.425-0.060-12.37%
    MN5.SI
    0.20-0.02-9.09%
    L02.SI
    0.164-0.016-8.89%
    5KU.SI
    0.42-0.04-8.70%
    AZZ.SI