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.
Three suicide bombers targeted the headquarters of a Pakistani paramilitary force on Monday, killing three personnel and wounding at least five, autho...
Turkish President Tayyip Erdoğan said he would have a phone call with his Russian counterpart Vladimir Putin on Monday to discuss peace efforts in Uk...
The United States and Ukraine were set to continue work on Monday on a plan to end the war with Russia after agreeing to modify an earlier proposal th...
Russian forces staged a "massive" drone attack on Sunday on Kharkiv, Ukraine's second-largest city, killing four people and injuring several others, o...
South Korean President Lee Jae Myung met with Chinese Premier Li Qiang and Japan's Prime Minister Sanae Takaichi during last weekend's G20 summit in S...
South Korean President Lee Jae Myung met with Chinese Premier Li Qiang and Japan's Prime Minister Sanae Takaichi during last weekend's G20 summit in South Africa, Lee's office on Monday.
This weekend's G20 declaration shows a "renewed commitment to multilateral cooperation", South Africa's President Cyril Ramaphosa said on Sunday.
The United States said it made significant progress on a framework aimed at ending the war in Ukraine during high-level talks in Geneva on Sunday, though no final agreement was reached.
Cameras from the United States Geological Survey (USGS) on Saturday (November 22) captured Hawaii's Kilauea volcano spewing flowing lava from its crater in its latest eruption.
The United States is preparing to launch a new round of Venezuela-related operations in the coming days, as President Donald Trump’s administration intensifies efforts to pressure President Nicolás Maduro’s government and targets what it calls Venezuela’s role in the regional drug trade.
Italy captured a remarkable third consecutive Davis Cup title on Sunday, with Matteo Berrettini and Flavio Cobolli securing singles victories in a 2-0 triumph over Spain in Bologna.
Cameras from the United States Geological Survey (USGS) on Saturday (November 22) captured Hawaii's Kilauea volcano spewing flowing lava from its crater in its latest eruption.
Air traffic at Eindhoven Airport in the southern Netherlands was suspended on Saturday evening after multiple drones were sighted near the facility, prompting the deployment of counter-drone systems and raising fresh alarm over airspace security in Europe.
Several international airlines have suspended flights from Venezuela after the U.S. Federal Aviation Administration (FAA) warned of heightened military activity and deteriorating security conditions in the country’s airspace.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
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