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Weekly currency market update—practical actions for SMBs, expats and travellers across AUD, CAD, GBP, NZD, SGD, USD, EUR and JPY
With the yen down sharply against major currencies, winter in Japan offers rare value on hotels, food, transport, and skiing. A rare currency tailwind for travellers.
Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
The Singapore dollar has reached its highest level in over a decade, boosting outbound travel and curbing inflation, but also putting pressure on exporters and local businesses. While sectors like logistics and finance benefit, retail, hospitality, and exports face challenges from the strong currency.
Singapore is chasing tourists again relaxing some of their covid rules
As in the rest of the world, consumers in Singapore are being fleeced when it comes to foreign exchange costs, a study by TransferWise has revealed. Individuals in Singapore are being charged 15 times more on international payments than companies are, with S$2 billion lost in hidden FX fees annually.
Singapore is a city-state located in Southeast Asia that is known for its blend of modernity and tradition. It is a vibrant and cosmopolitan city with a mix of cultures, languages, and religions.
Singapore has a strong economy and is...
In the near term, USD/SGD is trading close to its 7-day lows near 1.2733, just below the 3-month average, supported by the MAS...
In the near term, AED/SGD is trading close to recent highs near 0.3498, holding near its 3-month average. The pair's move is...
In the near term, SGD/VND is trading close to its 14-day lows near 20409, holding near the 3-month average and within its recent...
In the near term, SGD/USD is trading close to its 30-day lows near 0.7784, below the 3-month average. The pair is mainly pressured...
In the near term, SGD/TWD is trading close to its 3-month average, holding near the middle of its recent range. The large...
In the near term, SGD/THB is trading close to its 90-day high and at the top of its recent 3.4% range. The pair's recent stability...
In the near term, SGD/SAR is trading close to its 30-day lows near 2.927, holding near recent range supports. The move is driven...
In the near term, SGD/QAR is trading close to recent lows, supported by the policy outlook but pressured by risk-off global...
In the near term, SGD/PKR is trading close to 60-day lows near 216.5, holding near recent support levels. The dominant driver from...
In the near term, SGD/PHP is trading close to recent highs, holding near the 30-day peak and slightly above the 3-month average....
In the near term, SGD/MYR is trading close to recent lows within its three-month range, held down by the central banks' managed...
In the near term, SGD/JPY is trading close to recent highs near 123.5, supported by risk-off flows but facing downward pressure...
In the near term, SGD/INR is trading close to recent highs, holding near the 90-day average. The dominant driver from risk...
In the near term, SGD/IDR is trading close to its 3-month average and within recent stability. The pair remains supported by...
In the near term, SGD/HKD is trading close to recent lows near 6.0828, holding near its 30-day lows and below the 3-month average....
In the near term, SGD/GBP is consolidating within its recent range, trading close to the 90-day average near 0.586. The dominant...
In the near term, SGD/EUR is trading close to recent highs near 0.6761, supported by the euro's strength and stable policy...
In the near term, SGD/CNY is holding near its recent lows around 5.3683, trading close to the 90-day average. The pair is...
In the near term, SGD/CHF is holding near its recent range as the current drivers are not aligned clearly enough for a stronger...
In the near term, SGD/CAD is trading close to 90-day lows near 1.0585, well below its 3-month average. The dominant driver remains...
In the near term, SGD/BND is expected to remain close to parity under the Brunei-Singapore currency interchangeability...
In the near term, SGD/AUD is trading close to its recent lows and below its 90-day average. The pair is supported by risk-off...
In the near term, SGD/AED is trading close to recent lows while holding near its 90-day average. The pair's decline is driven by...
In the near term, NZD/SGD is trading close to its 3-month average and within a stable range. The dominant driver from structured...
In the near term, MYR/SGD is trading near the top of its recent range, supported by stable central bank policies and a neutral...
In the near term, JPY/SGD is trading near recent lows within its 3.1% range, supported by risk-off sentiment and stable MAS...
In the near term, INR/SGD is trading close to recent lows, with the pair trading below its 90-day average and within its recent...
In the near term, HKD/SGD is trading close to its recent highs, supported by the stable HKD peg and range-bound trading. The...
In the near term, GBP/SGD is trading close to its 3-month average and within a recent range. The pair remains supported by a...
In the near term, EUR/SGD is trading close to recent lows near 1.4790, holding near its 90-day average and within a narrow range....
In the near term, CHF/SGD is holding near its recent range as the current drivers are not aligned clearly enough for a stronger...
In the near term, CAD/SGD is trading close to 90-day highs at around 0.9448, supported by recent oil price gains and trade...
In the near term, AUD/SGD is trading close to its 90-day average and near recent highs. The pair is supported by the rate...