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USD/SGD Consolidates as Traders Assess Biden's Withdrawal -- Market Talk
0357 GMT - USD/SGD consolidates during the Asian session as traders assess U.S. President Joe Biden's withdrawal from the presidential race. Vice President Kamala Harris, who Biden endorsed as
Singapore Dollar May Take Top Spot As Asia's Best-Performing Currency Again
The odds are growing for Singapore's dollar to be Asia's best-performing currency for a third straight year, as the central bank looks set to keep using a firm exchange rate to combat inflation.
Sentiment On The USD Fluctuates Amid Political Uncertainties
Recent developments in financial markets have significantly impacted the outlook for the USD.
President Biden Dropping Out Unlikely to Materially Shift Markets -- Market Talk
In the near term, President Biden's not seeking re-election and endorsing Vice President Kamala Harris is unlikely to shift markets materially, says Piers Bolger, CIO at Infinity Asset Management.
Singapore Dollar Has Reasons to Win Asia's Currency Crown Again
The odds are growing for Singapore’s dollar to be Asia’s best-performing currency for a third straight year as the central bank looks set to keep using a firm exchange rate to combat inflation.
"Rate cut trade" and "Trump trade" led the entire market, small-cap stocks rose strongly and csi commodity equity index fell across the board. | Overseas major asset weekly report
The U.S. stock market continues to witness a "big shift" in the market, as investors accelerate their exit from large technology stocks. The "Trump trade" has raised concerns about inflation and pushed up the yield on U.S. long-term bonds, putting pressure on the dollar, and most commodity prices have fallen.
WillsonToh : Because interest rate is going to cut soon then US dollar will be weaken slightly