Singapore dollar underperforms in the region

This may persist, says analyst.

OCBC Treasury Research noted:

Given its limited room for maneuver from the perspective of its NEER, the SGD has continued to underperform its regional peers in a weak dollar environment and this may be expected to persist in the near term.

The index is currently around +1.05% above its perceived parity (1.2420) with the extreme strong end of the NEER fluctuation band expected at around 1.2230. This is expected to be the base for the USD-SGD intra-day with top side expected to be capped around 1.2330.



More From Singapore Business Review
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3517+0.0015+0.11%
    USDSGD=X
    1.4722+0.0039+0.27%
    EURSGD=X
    2.0730-0.0041-0.20%
    GBPSGD=X
    91.6513+0.4981+0.55%
    SGDJPY=X
    5.7401-0.0012-0.02%
    SGDHKD=X
    2.7012+0.006+0.22%
    SGDMYR=X
    9,756.2354-43.8027-0.45%
    SGDIDR=X
    4.5880-0.0066-0.14%
    SGDCNY=X
    1.0434-0.0011-0.10%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,185.40-1.50-0.13%
    GCM15.CMX
    16.66-0.09-0.54%
    SIN15.CMX
    68.45-0.24-0.35%
    ^XAU
    2.77-0.01-0.29%
    HGN15.CMX
    57.65-0.38-0.65%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.55+0.02
    ^FVX
    2.16+0.02
    ^TNX
    2.90+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.71+0.01+1.43%
    Q1P.SI
    0.805-0.020-2.42%
    N21.SI
    0.290.000.00%
    5WA.SI
    0.34+0.01+3.03%
    AFC.SI
    0.20+0.01+3.63%
    5OU.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    1.25+0.24+23.15%
    AYO.SI
    0.189+0.031+19.62%
    GJ8.SI
    0.30+0.05+17.65%
    AYE.SI
    0.149+0.014+10.37%
    L10.SI
    0.16+0.02+10.34%
    5GI.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.19-0.06-24.00%
    41H.SI
    1.48-0.30-16.85%
    AYB.SI
    1.32-0.21-13.73%
    AYN.SI
    0.12-0.02-13.04%
    5IF.SI
    0.375-0.040-9.64%
    AWK.SI