Singapore Dollar Weakens Amid Cautious Mood

Author: Alper Demir

Singapore Dollar Weakens Amid Cautious Market Sentiment

The Singapore dollar is weakening against the US dollar as cautious sentiment prevails. New US military strikes against Iran have cast doubt on hopes for a peace deal between the US and Iran.

Asian Currencies Decline

Asian currencies are weaker on Thursday amid conflicting signals from ongoing negotiations, dampening sentiment, according to CIMB analysts. The US dollar rose 0.15% to 1.2789 Singapore dollars, as per LSEG data.

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