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Wealth Tracker: USD surges against SGD - A turning point for markets?
Manage episode 500256394 series 2467889
The US dollar has staged a comeback, strengthening notably against the Singapore dollar and reversing a months-long trend of broad weakness.
This renewed dollar strength, driven by resilient US economic data and sticky inflation, is prompting fresh questions about global capital flows, MAS policy direction, and portfolio strategy in Asia.
Analysts now warn that the greenback's climb could ripple through everything from import costs to equity valuations with major implications for investors and markets alike.
On Wealth Tracker, Hongbin Jeong speaks to Sim Moh Siong, Currency Strategist, Bank of Singapore, to find out more.
See omnystudio.com/listener for privacy information.
4867 episodes
Manage episode 500256394 series 2467889
The US dollar has staged a comeback, strengthening notably against the Singapore dollar and reversing a months-long trend of broad weakness.
This renewed dollar strength, driven by resilient US economic data and sticky inflation, is prompting fresh questions about global capital flows, MAS policy direction, and portfolio strategy in Asia.
Analysts now warn that the greenback's climb could ripple through everything from import costs to equity valuations with major implications for investors and markets alike.
On Wealth Tracker, Hongbin Jeong speaks to Sim Moh Siong, Currency Strategist, Bank of Singapore, to find out more.
See omnystudio.com/listener for privacy information.
4867 episodes
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