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Podcast: The Afternoon Update with Lynlee Foo
Episode: Market View: Singapore dollar against major currencies this week. Which are the pairs to watch?
Description: The Singapore dollar is trading at its strongest level in almost a decade against the U.S. dollar amid lower U.S. interest rates coupled with investors' confidence in its resilient economy. The recent rate cut by the Federal Reserve and announcements by the People’s Bank of China have caused movements among many major currencies. How is the Singapore dollar faring against the US dollar, the sterling pound, the yuan, the Australian dollar and the Malaysian ringgit? Yeap Junrong, Market Strategist at IG, gives his take on the state of play at the current lev...