Singapore Dollar Strengthens Slightly as Traders Assess USD Downside Risks -- Market Talk

Dow Jones10:44

0244 GMT - The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session as traders assess USD downside risks. "Speculation over potential U.S.‐Japan joint intervention to weaken the USD against the JPY has raised questions about whether U.S. authorities now favor a softer greenback," two FX strategists at OCBC Group Research say in a note. This comes after last week's USD volatility that was linked to shifting market perceptions of U.S. foreign‐policy signals around Greenland, the strategists say. "Now markets are weighing the possibility of deliberate USD‐weakening measures from Washington," the strategists add. USD/SGD is 0.1% lower at 1.2682, LSEG data show. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

January 26, 2026 21:44 ET (02:44 GMT)

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