Singapore Dollar Advances Versus Other Majors, Wednesday, August 01, 2007 6:15:01 PM
The Singapore dollar saw strength against the majors on Wednesday in New York. The currency moved up in mid-day trading and was up for the day against the greenback and euro. It was near its overnight levels against the sterling.The Singapore dollar was up slightly against the greenback on Wednesday in New York. The currency fell in early hours before leveling off. It edged higher for several hours from there and then added further gains in the later afternoon. It traded at 1.5174 at 6 p.m. ET.
The Singapore currency rallied in mid-day trading against the euro to move up for the day against the euro on Wednesday in New York. The Singapore dollar fell in overnight trading and remained lower through the morning. The currency began to rise at around 10 a.m. and continued to do so for about four hours. Trading was sideways from there and the pair traded at 2.0740 at 6:05 p.m. ET.
The Singapore dollar was unchanged against the sterling on Wednesday in New York. The currencies were range-bound until about 8:30 a.m. when the sterling rallied sharply. The Singapore solar erased those losses with a mid-day rally. Trading in the later afternoon was choppy, and the pair was at 3.0820 at 6:10 p.m., near the overnight mark.
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posted by Kalin Tasev @ 7:53 PM
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