The dollar held at one-week highs, having benefited from upbeat U.S. data and as investors continued to cut back on safe-havens such as the yen.» Read More
The dollar rose on Wednesday after Federal Chair Yellen reinforced market expectations for a U.S. interest rate hike, possibly as soon as September.
The dollar posted moderate losses against the euro and yen on Tuesday.
Jalil Rasheed, Investment Director, Head Of Singapore Office, Invesco, says he's not too concerned about the quarterly data prints given Singapore's transition to knowledge from manufacturing.
Singapore's economy sharply missed expectations in the second quarter, even as analysts have been cutting their forecasts for growth in the city-state.
Toby Lawson, Managing Director of Societe Generale Newedge, says foreign investors still feel spooked from Beijing's recent intervention, but he doesn't expect that to last for too long.
The dollar strengthened across the board on Monday after euro zone leaders clinched a deal with Greece in an all-night summit.
The euro advanced across the board on optimism Greece was making progress in efforts to secure funding and stay in the euro zone.
Singapore's economic miracle has taken it from fishing village to regional financial power center.
The safe-haven yen and Swiss franc fell on Thursday after Chinese stocks rebounded.
Major East Asian economies continue to stand out in a world where developed countries are struggling with high unemployment and a virtual stagnation.
The yen rose to a seven-week high against the dollar on Wednesday, as investors bought the Japanese currency for safety.
The euro will dip if Greece leaves the euro zone, but a protracted downtrend is unlikely, FX strategist Jens Nordvig says.
The threat to the euro area from the Greek crisis and an increasing excess supply of the euro liquidity has driven the dollar up 20% against the euro.
The euro fell more than 1 percent against a buoyant U.S. dollar on Tuesday.
The euro slipped against a stronger dollar, falling over 1 percent after the European Central Bank toughened up on Greek banks.
Singapore’s $196 billion sovereign wealth fund Temasek is sticking with its China bets, looking past recent volatility to gradually increase its exposure.
The euro tumbled across the board, but was off its lows, after Greece voted to reject the conditions tied to the country's debt bailout deal.
The dollar stuck around as disappointing US jobs data and caution ahead of Greece's referendum on bailout conditions kept the market mood subdued.
The U.S. dollar slipped against a basket of major currencies on Thursday after U.S. jobs data lagged expectations.
Iconic leader Lee Kuan Yew used centralized control to build corporate stalwarts, but now Singapore may need looser reins to keep its market relevant.