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
    1.36130.000.00%
    USDSGD=X
    1.5525-0.0005-0.04%
    EURSGD=X
    1.9644+0.00010.00%
    GBPSGD=X
    78.6785-0.0147-0.02%
    SGDJPY=X
    5.7011-0.0003-0.01%
    SGDHKD=X
    2.9380+0.0015+0.05%
    SGDMYR=X
    9,815.99020.000.00%
    SGDIDR=X
    4.7736-0.00010.00%
    SGDCNY=X
    1.0028-0.0001-0.01%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,289.70+17.40+1.37%
    GCM16.CMX
    17.50+0.18+1.03%
    SIN16.CMX
    88.53+3.38+3.97%
    ^XAU
    2.150.00-0.09%
    HGN16.CMX
    44.56+0.24+0.54%
    CLM16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.24+0.03
    ^FVX
    1.78+0.03
    ^TNX
    2.63+0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.405-0.020-4.71%
    N21.SI
    0.215+0.015+7.50%
    AFC.SI
    0.37-0.01-2.63%
    E5H.SI
    3.76-0.02-0.53%
    Z74.SI
    1.81-0.06-3.21%
    MC0.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.445+0.075+20.27%
    BLR.SI
    0.25+0.04+19.05%
    508.SI
    0.48+0.07+18.52%
    5DP.SI
    0.51+0.05+12.09%
    BMA.SI
    0.12+0.01+8.11%
    AVX.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.18-0.03-16.28%
    B26.SI
    0.24-0.04-14.29%
    BHO.SI
    0.245-0.035-12.50%
    5CF.SI
    0.225-0.025-10.00%
    A04.SI
    0.185-0.020-9.76%
    F86.SI