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foreign exchange (forex)
Forex
Dollar surge is bringing 'pseudo tightening' to Southeast Asia
Indonesia is keeping a tight leash on liquidity by selling bills; Malaysia’s interbank rate has risen to the highest since July.
September 28, 2023
Singapore economy
The pivot in MAS’s policy came as no surprise to most analysts
Some of the analysts have kept their 2023 GDP estimates while others have lowered their full-year expectations.
April 19, 2023
Forex
Moomoo launches new forex product
moomoo SG launched a new forex product on its super app.
February 23, 2023
Forex
Singaporeans flock to foreign currency to lock in top interest rates
The appeal of the product led to foreign currency deposits rising 13% year-on-year in December to $936 billion.
February 10, 2023
Forex
Singapore retains position as third largest global forex centre
According to the MAS, Singapore’s share of global FX volumes also rose 1.8 percentage points y-o-y.
October 28, 2022
Broker's Calls
FX markets playing 'a game of two halves', USD to depreciate in 2H2022: DBS
Fed chair Jerome Powell did not rule out a US recession from the frontloading of Fed hikes to restore price stability.
June 28, 2022
Broker's Calls
Analysts positive on SGX buying MaxxTrader, but mixed on stock call
Phillip Securities has downgraded the stock to a “neutral” rating from “accumulate” previously.
July 26, 2021
Broker's Calls
Keep 'buy' for SGX despite potentially weaker 2H21 results: UOB Kay Hian
SGX is expected to release its FY2021 results ended June 30 on Aug 5.
July 13, 2021
Forex
UOB improves forex experience for its customers through Chronicle Software's tech solution
This comes as the bank announced its plans to set up an e-forex pricing and trading engine in Singapore in November 2020.
June 02, 2021
Forex
UOB to set up electronic FX pricing and trade engine in Singapore, to launch by 2Q2021
The establishment of the pricing and trading engine is supported by the Monetary Authority of Singapore (MAS).
November 30, 2020