金色财经|12月 03, 2025 02:53
[Market Risk Appetite Rises, Singapore Dollar to USD Exchange Rate Remains Consolidated]
According to a report by Jinse Finance, the Singapore dollar remained consolidated against the US dollar during the Asian trading session, supported by risk-appetite-driven investor sentiment. Overnight, U.S. stock markets closed higher as investors regained their preference for risk. In a report, OCBC Bank's Global Market Research Division stated that the market seems to generally believe the Federal Reserve will cut interest rates at next week's Federal Open Market Committee meeting. The USD/SGD exchange rate showed little change, quoted at 1.2955.
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