Dropping from yesterday's new multi-week peak level, the Singapore currency trended lower against the US dollar on Thursday morning in Asia. The Singapore dollar touched 1.4468 against the greenback around 9:10 pm ET, down from Wednesday's New York session closing value of 1.444. In near-term, 1.449 is seen as the next target level for the pair.
Singapore is set to announce PMI figures for June, with forecasts calling for an index score of 51.9, up from 51.2 in May. The electronics PMI is called at 53.4, up from 52.9.
For comments and feedback contact: editorial@rttnews.com
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.