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
    1.3631-0.0007-0.05%
    USDSGD=X
    1.5188-0.0008-0.05%
    EURSGD=X
    1.7898+0.0064+0.36%
    GBPSGD=X
    75.8340+0.376+0.50%
    SGDJPY=X
    5.6892+0.0044+0.08%
    SGDHKD=X
    2.9863+0.0151+0.51%
    SGDMYR=X
    9,768.3047+8.29+0.08%
    SGDIDR=X
    4.8987+0.0018+0.04%
    SGDCNY=X
    1.02440.000.00%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,311.40-5.10-0.39%
    GCZ16.CMX
    18.69+0.11+0.61%
    SIU16.CMX
    90.85-1.00-1.09%
    ^XAU
    2.070.00+0.17%
    HGU16.CMX
    44.98-1.37-2.96%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.180.00
    ^FVX
    1.570.00
    ^TNX
    2.24+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.119-0.004-3.25%
    N21.SI
    0.36+0.01+1.41%
    E5H.SI
    0.9950.0000.00%
    Y92.SI
    4.02-0.08-1.95%
    Z74.SI
    0.22-0.02-6.38%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.285+0.035+14.00%
    5SY.SI
    0.60+0.07+13.21%
    BKB.SI
    0.23+0.03+12.20%
    I06.SI
    0.50+0.05+11.11%
    BFK.SI
    0.67+0.05+8.06%
    5CP.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.305-0.060-16.44%
    BQO.SI
    0.105-0.020-16.00%
    578.SI
    0.181-0.019-9.50%
    P36.SI
    0.21-0.02-6.67%
    1A4.SI
    0.22-0.02-6.38%
    5ME.SI