Hon Gan liao... China will punish US running dog for pandering to US propaganda

[k1976]

Recap..10day ago only​

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Singapore Dollar Has Shot at Climbing to US Dollar Parity, Jefferies Says​

The central business district in Singapore.
Photographer: Ore Huiying/Bloomberg
By Rthvika Suvarna and Marcus Wong
July 11, 2025 at 4:59 PM GMT+8
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There’s a chance the Singapore dollar will strengthen to parity against its US counterpart in the next five years, according to Jefferies Financial Group Inc.

The island’s currency has appreciated against virtually all its major peers since the Federal Reserve began raising interest rates in March 2022, confirming its role as the “Swiss franc of Asia,” strategist Christopher Wood wrote in the firm’s Greed & Fear newsletter.

Switzerland is likely to return to negative rates sooner rather than later, based on discussions with investors in Zurich, while Singapore’s bond yields still look attractive to conservative money focused on wealth preservation, Wood said.

“It is not so far-fetched to project the Singapore dollar trading to parity against the US dollar on a five-year view, which implies an appreciation of 28%,” Wood wrote.


The Singapore dollar has gained more than 6% versus its US peer this year, while Bloomberg’s Asia Dollar Index has risen just 3.9%.

The Swiss National Bank cut its benchmark interest rates to zero in June, and signaled it was ready to go further to push back against franc appreciation. Swiss 10-year government bonds currently yield around 0.4%, versus a level of about 2.15% for similar-maturity Singapore debt.


— With assistance from Ruth Carson

 

[k1976]

Why SGD is like yo-yo hah?

 

[oliverlee]

Sinkielan is the smelliest sor hai that fucks anything that gives her money. Don't believe ask whore J