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Singapore Dollar Slides To 5-day Low Against U.S. Dollar
(RTTNews) - The Singapore dollar weakened against the U.S. dollar in the Asian session on Tuesday.
Against the greenback, the Singapore dollar fell to a 5-day low of 1.3685. At yesterday's close, the Singapore dollar was trading at 1.3661 against the U.S. dollar.
If the Singapore dollar extends its downtrend, it is likely to find support around the 1.38 area.
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Singapore Dollar Slides To Near 10-month Low Against U.S. Dollar
The Singapore dollar weakened against the U.S. dollar in the Asian session on Wednesday.
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643 дней спустя
Singapore Dollar Falls To 2-day Low Against U.S. Dollar
The Singapore dollar weakened against the U.S. dollar in the late Asian session on Wednesday.
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Singapore Dollar Falls To 4-week Low Against U.S. Dollar
The Singapore dollar weakened against the U.S. dollar in the late Asian session on Thursday.
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712 дней спустя
Singapore Dollar Rises To 2-day High Vs. U.S. Dollar After Unemployment Data
The Singapore dollar strengthened against the U.S. dollar in the early Asian session on Friday, after data showed that Singapore's seasonally adjusted unemployment rate dropped to an eight-year low in the first quarter of 2023.
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774 дней спустя
Gold Dips As US-China Trade Talks Continue
Gold prices dipped on Tuesday, ahead of US inflation report and ongoing US-China official talks, which is now the focus of investors from all over the world.
Front Month Comex Gold for June delivery lost $11.20 (or 0.34%) to $3320.90 per troy ounce on Tuesday.
Front Month Comex Silver for June delivery lost $14.60 cents (or 0.40%) to $36.542 today.
The much-anticipated high-level trade talks between the world's two largest economies, U.S. and China, began on Monday in London and continued for the second day today.
On the economic data front, the US Labor Department will release Consumer Price Index (CPI) data on Wednesday, which may help to determine the Federal Reserve's monetary policy before the Fed's June 17-18 meeting.
Meanwhile, the World Bank, in its biannual Global Economic Prospects, has cut the global growth forecast to 2.3% from 2.7% for the current year citing "trade barriers" as a reason behind the global slowdown.
RTTNews
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54 минут назад
Crude Oil Prices Fade As US-China Talks Progress
Crude oil prices were down on Tuesday amidst uncertainty over trade talks between China and the United States continued, although the outcome remains uncertain.
WTI oil closed down by $0.31 to settle at $64.98 per barrel. August Brent crude was last seen down by $0.03 to $67.01.
To ease the standstill created by the reciprocal tariffs imposed by U.S. President Donald Trump and China, high-level officials from both nations convened at London on Monday to discuss steps to soften the conflict.
As the talks went on for the second day today, Trump told reporters at the White House that the talks were "going well" and that he was "only getting good reports." While U.S. Treasury Secretary Scott Bessent described Monday's talks as "good meeting," the Commerce Secretary Howard Lutnick called them as "fruitful."
On the geopolitical front, however, Russia showed no sign of relenting on its war with Ukraine and continued its attacks.
Limiting the downside, the U.S. Energy Information Administration has reported today that US crude oil production is likely to decline over the next 18 months - while the approach of the summer driving season is also good news.
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1ч 0мин назад
Canadian Dollar Appreciates Amid Risk Appetite
The Canadian dollar climbed against its major counterparts in the New York session on Tuesday, as investors monitored trade talks between the U.S. and China that continued for a second day.
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1ч 41мин назад
Swiss Market Ends Marginally Down
Save for a very brief while at the start, the Switzerland market stayed weak on Tuesday as investors refrained from making significant moves, choosing to wait for directional clues.
Investors awaited the outcome of the high-level trade discussions between U.S. and Chinese officials in London.
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3ч 6мин назад
