The Singapore dollar erased some of its early gains against the U.S. dollar in Asian trading on Wednesday. The Singapore dollar is now trading at 1.2834 against the greenback, compared to a 2-day high of 1.2804 hit in early deals. At Tuesday's close, the pair was worth 1.2812.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.