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Oh dear. What a mess. So much had been hoped for the US dollar in 2017 but how those mighty hopes have fallen. The US dollar fell sharply on Friday, adding to what has already been a pretty horrible year for America’s currency. Of special note were USD/THB, USD/SGD, USD/AUD, USD/GBP, USD/CAD and the US... View article >
The Singapore dollar fell on Friday morning following worse than expected GDP data. Singapore’s Ministry of Trade and Industry said that the economy expanded 0.4% in the second quarter, which equates to annualized growth of 2.5%. These numbers fell short of the market forecasts for 1.1% and 2.8% for quarterly and annualized growth respectively. Singapore’s... View article >
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