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    SGD

    Singapore Dollar News, Guides, Forecasts & Provider Reviews. Stay on top of Singapore Dollar exchange rates, charts and rate changes in the major SGD cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.

     

    April Outlook Clouded by Banking Uncertainty

    April Forex Outlook: Banking Crises Cast Shadow Over Global Currency Markets

    How the Weak US Dollar Can Impact International Business in 2023

    Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.

    How the US Fed’s Rate Hikes are Reflected in Asian Currency Weakness

    The strength of the US dollar and interest rate movements by the Federal Reserve are behind the weakness of Asian currencies.

    Singapore simplifies Covid travel protocols

    Singapore is chasing tourists again relaxing some of their covid rules

    Currency Markets Volatile on Energy, China Debt and Inflation

    Property debt crisis in China, central bank bond policy and the energy crisis are combining for a volatile October - it is ever thus!

    Next Crises: China Property plus European Energy shake Currency Markets

    Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.

    Oil drop hits loonie and peso – FX Volatility returns

    Volatility returned to the currency markets last week with the Australian and New Zealand Dollar falling the hardest against the Greenback (both down 1W -3.0%).

    RBNZ seen to be the first to hike rates – Boosts Kiwi dollar

    Speculation abounds on whether the RBNZ will be the first to hike rates, this helped the NZD to rise to 1 year highs versus the Aussie dollar.

    USD boosted by unexpectedly strong job creation in July

    Last week’s big event was the strong US Non-Farms Payrolls report for July.

    Pound bounces back – Aussie at Lows on Pandemic lockdowns

    The British Pound GBP was a mover and shaker last week, hitting HIGHS against both the USD (30-DAY), EUR (90-DAY) and other major FX.

    Pound weak on Uncertain Way Out from Lockdown – CAD and USD strong

    The way out from the UK’s experiment of lifting most lockdown measures is far from certain.

    NZ and Canada central banks shift outlooks

    Currency markets move when both the Reserve Bank of New Zealand and the Bank of Canada shift on their bond buying plans and interest rate outlooks.

    Aussie volatile on Delta outbreak – Greenback weaker

    The growth outlook for the Australian economic became pessimistic when more lockdowns were announced due to rising COVID-19 cases in Sydney.

    Jobs Report – US dollar Buy Rumour Sell Fact

    US Non-Farm Payrolls report was a mixed result - the Unemployment Rate moved higher but Wages slipped.

    Fed inflation divisions pulls back US dollar

    Fed Officials mixed opinions following last week’s hawkish bent reduces markets perception of sooner rate rises.

    US Fed growth forecasts upsets currency markets

    Last week the US Federal Reserve moved its growth forecasts higher and brought forward the timing of its interest rate hikes to 2023.

    European Central Bank casts no fresh clues

    Review of Currency Market trends and news from last week.

    Instarem Money Transfers Reviewed

    Instarem provides fast, safe and cost effective cross border money transfer services for Individuals and businesses from Australia, Hong Kong, India, Malaysia and Singapore to more than 25 countries.

    Booming Commodities Can’t Save Australian Dollar

    The Australian dollar is at or near multi-month lows against a number of major currencies in spite of a rampant iron ore market — once a great influence on AUD.

    SGD, MYR at 6-Month Lows After Singapore, Malaysia Added to U.S. Currency Watchlist

    The currencies of Malaysia and Singapore were trading at 6-month lows against the dollar on Wednesday following news that the US had added the Southeast Asian nations to its watchlist of suspected currency manipulators.

    Australian Dollar at 4-Month Low After China Announces Tariff Retaliation

    The US-China trade war is hotting up and that’s bad news for the Australian dollar, which slipped on Monday to a 4-month low against the dollar, euro and yen.

    Consumers Throwing Away Billions on FX Fees (TransferWise Study)

    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.

    SGD/MYR at 17-Month High; Ringgit Slumps on FTSE Index Deselection

    What is arguably Southeast Asia’s most important exchange rate, Singapore dollar-Malaysian ringgit, leapt on Thursday to its highest level since November 2017, driven by FTSE Russell’s decision to reconsider Malaysia’s inclusion in an important bond index.

    TransferWise Announces PayNow Funding Option

    TransferWise is now officially offering PayNow as a funding option for users in Singapore, the company has announced.

    Revolut Readies Singapore Launch

    Revolut, a digital bank that allows users to receive, send and spend money at the interbank exchange rate, should be ready for its Singapore beta launch in March 2019, the company has said.


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