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The Singapore dollar has outperformed nearly all Group-of-10 currencies so far this year. But investors seem to be returning to placing bearish bets on all Asian currencies - including the Singdollar - shortly after on the increasing likelihood that the U.S. Federal Reserve would continue hiking rates for longer, helping the dollar regain its lost momentum. On Money in the Market, Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out more.
See omnystudio.com/listener for privacy information.
The Singapore dollar has outperformed nearly all Group-of-10 currencies so far this year. But investors seem to be returning to placing bearish bets on all Asian currencies - including the Singdollar - shortly after on the increasing likelihood that the U.S. Federal Reserve would continue hiking rates for longer, helping the dollar regain its lost momentum. On Money in the Market, Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out more.
See omnystudio.com/listener for privacy information.
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