The Singapore dollar weakened against its major counterparts during Monday's early trading.
The Singapore dollar declined against its European counterpart in Monday's early trading. At about 1:05 am ET, the local dollar touched 1.9953 per euro, compared to last week's closing value of 1.9837. On the downside, the Singapore currency may likely target the 2.001 level.
The German PPI, British M4 money supply and public sector net borrowing reports are the major economic releases scheduled for release in the upcoming session.
Against its UK counterpart, the Singapore dollar dropped to 2.5701 during Monday's early trading. This may be compared to last week's closing value of 2.5557.
The Singapore dollar pared Monday's early Asian session gains against the US dollar. The Singapore currency thus dropped from 1.4742 to 1.4805 against the buck by about 11:15 pm ET. The pair closed yesterday's trading at 1.4788.
The Singapore dollar also showed weakness versus the Hong Kong dollar during Monday's early trading. At about 11:05 pm ET, the local currency declined to 5.2437 against the Hong Kong currency, compared to last week's closing value of 5.2424.
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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.