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
    1.3691-0.002-0.14%
    USDSGD=X
    1.5008-0.0118-0.78%
    EURSGD=X
    2.0788-0.0124-0.59%
    GBPSGD=X
    87.6375+0.0367+0.04%
    SGDJPY=X
    5.6668+0.0102+0.18%
    SGDHKD=X
    2.6597-0.0042-0.16%
    SGDMYR=X
    9,428.0928-75.9453-0.80%
    SGDIDR=X
    4.5743+0.0033+0.07%
    SGDCNY=X
    1.0712+0.0042+0.40%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,194.80-1.40-0.12%
    GCJ15.CMX
    16.05-0.11-0.67%
    SIK15.CMX
    72.53-0.16-0.22%
    ^XAU
    2.64-0.01-0.45%
    HGK15.CMX
    50.97+0.21+0.41%
    CLJ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.57-0.03
    ^FVX
    2.11-0.01
    ^TNX
    2.720.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    100.007-0.008-0.01%
    41H.SI
    1.055+0.050+4.98%
    N21.SI
    1.237+0.007+0.57%
    41I.SI
    0.925-0.025-2.63%
    G13.SI
    0.280.000.00%
    5WA.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.147+0.041+38.68%
    40E.SI
    0.119+0.014+13.33%
    5CH.SI
    0.194+0.019+10.86%
    5OQ.SI
    0.59+0.05+9.26%
    L5I.SI
    0.25+0.02+8.70%
    41C.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.185-0.040-17.78%
    MR8.SI
    0.26-0.05-14.75%
    T4B.SI
    0.13-0.02-12.75%
    5TW.SI
    0.12-0.02-11.11%
    P07.SI
    0.325-0.030-8.45%
    D03.SI