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Singapore Dollar Weakens Amid Job Data Anticipation

12/15/2025

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Summary

Story summary

The Singapore dollar trades at 1.2912 per U.S. dollar, signaling bearish momentum, OCBC's Christopher Wong.
Wong says 1.2900 is a key support; a breach could trigger further declines.
Asian currencies consolidate ahead of U.S. jobs data that may reflect a partial government shutdown.
Analysts from Commonwealth Bank of Australia Global Economic & Markets Research project that the Federal Reserve could begin rate cuts in March 2026 if inflation stays low.

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Story summary

The Singapore dollar trades at 1.2912 per U.S. dollar, signaling bearish momentum, OCBC's Christopher Wong.
Wong says 1.2900 is a key support; a breach could trigger further declines.
Asian currencies consolidate ahead of U.S. jobs data that may reflect a partial government shutdown.
Analysts from Commonwealth Bank of Australia Global Economic & Markets Research project that the Federal Reserve could begin rate cuts in March 2026 if inflation stays low.