Market risk appetite heats up, and the Singapore dollar remains consolidated against the US dollar
2025-12-03 02:54:53
The Singapore dollar held firm against the dollar in Asian trading, supported by risk-hungry investor sentiment. US stocks closed higher overnight as investors regained their appetite for risk. OCBC Global Markets Research said in a note that the market appeared to be broadly confident that the Federal Reserve would cut interest rates at next week's FOMC meeting. The dollar was little changed at 1.2955 against the Singapore dollar.
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