金色财经|Feb 06, 2026 04:12
[Rate Cut Expectations Heat Up, Boosting the Singapore Dollar While Weakening the Dollar's Appeal]
Reported by Golden Finance, the Singapore dollar slightly rose against the U.S. dollar during the Asian trading session due to heightened expectations of a Federal Reserve rate cut. Data released on Thursday showed that U.S. job openings in December fell to their lowest level since 2020, and initial jobless claims unexpectedly increased. Analysts stated that the labor market's renewed weakness has reignited rate cut bets, with the swap market now predicting a 30% probability of a rate cut in March, up from 10% on Monday. According to LSEG data, the U.S. dollar fell 0.1% against the Singapore dollar, trading at 1.2738. (Jin10)
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