The Singapore dollar gains ground against the U.S. dollar, driven by growing momentum in the so-called “sell America” trend triggered by renewed tariff threats.
During the Asian session, the Singapore dollar strengthened against the U.S. dollar as analysts noted a potential acceleration of the “sell America” trade. Westpac Strategy Group’s Richard Franulovich stated that President Trump’s renewed tariff threats last Friday may have catalyzed this movement. He added that regardless of whether the threats are tactical, they reinforce the structural bearish case against the U.S. dollar. As a result, USD/SGD dropped 0.3% to 1.2818.
In related currency movements, AUD/USD maintained a bullish outlook above 0.6400, bolstered by a bullish engulfing pattern observed on Friday, according to Matt Simpson from StoneX. Trading around 0.6512, the pair faces key resistance at 0.6515 and 0.6550.
Meanwhile, the yen weakened amid mild risk-on sentiment after President Trump agreed to delay EU tariffs until July 9. Analysts from Commerzbank warned that policy inconsistencies within the Trump administration could heighten market uncertainty.
A light aircraft crash in Kenya on Wednesday (28 October) has claimed the lives of eight Hungarian and two German tourists, as well as a Kenyan pilot....
NASA’s experimental X-59 quiet supersonic jet successfully took off from U.S. Air Force Plant 42 in Palmdale, California, early on Tuesday (October ...
At least three people have reportedly died in Jamaica during preparations for Hurricane Melissa. The storm’s centre is forecast to pass near or over...
A body was recovered in Gaza’s southern city of Khan Younis on Tuesday (October 28) during ongoing efforts to locate hostages taken by Hamas during ...
U.S. President Donald Trump arrived in South Korea on Wednesday (October 29) for the final stop of his Asia tour, with crucial meetings planned with C...
A light aircraft crash in Kenya on Wednesday (28 October) has claimed the lives of eight Hungarian and two German tourists, as well as a Kenyan pilot.
NASA’s experimental X-59 quiet supersonic jet successfully took off from U.S. Air Force Plant 42 in Palmdale, California, early on Tuesday (October 28), marking a major milestone in the future of high-speed air travel.
At least three people have reportedly died in Jamaica during preparations for Hurricane Melissa. The storm’s centre is forecast to pass near or over the island early Tuesday, bringing life-threatening winds and heavy rain.
A body was recovered in Gaza’s southern city of Khan Younis on Tuesday (October 28) during ongoing efforts to locate hostages taken by Hamas during its October 2023 assault on southern Israel.
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a message.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
Türkiye has emerged as Europe’s largest steel producer and the world’s seventh largest in the first eight months of 2025, producing 36.9 million tonnes last year, according to sector officials.
Germany’s Adidas increased its full-year profit guidance, saying it managed to cushion some of the extra expenses resulting from higher U.S. tariffs.
Germany’s Adidas on Tuesday raised its full-year operating profit forecast, saying it had successfully offset part of the additional costs caused by higher U.S. tariffs.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment