Survey Shows Singapore’s Dollar to Fall to 5-Year Low on Easing.
The currency will slide to S$1.39 by year-end after the Monetary Authority of Singapore probably reduced the slope of its appreciation against a basket of currencies by a percentage point
Central Bank Divergence results in rise in Dollar.
The dollar rose to almost the highest in a decade with the Federal Reserve seen continuing to move toward raising interest rates after Singapore became the latest nation to ease monetary policy
Singapore Unexpected Ease in Monetary Policy results in fall in Ringgit.
Malaysia’s ringgit dropped the most in a week after Singapore unexpectedly loosened monetary policy, joining a global round of easing amid slowing economic growth and the risk of deflation.
Canada Dollar to Rank Fifth for Global Payments as passed by Yuan.
The yuan overtook Canada’s dollar to rank fifth for use in global payments, bolstering the case for the International Monetary Fund to endorse it as a reserve currency.Crash in Oil Price brings out Singapore dollar bears.
Bearish forecasts for the Singapore dollar are growing amid expectations that crude oil's recent tumble will result in looser monetary policy.
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