News Column

Singapore Dollar Slides To 4-day Low Against US Dollar

July 14, 2014



SINGAPUR (Alliance News) - The Singapore dollar weakened against the US dollar in the Asian session on Tuesday.

Against the greenback, the Singapore dollar slipped to a 4-day low of 1.2427. At yesterday's close, the Singapore dollar was trading at 1.2416.

If the Singapore dollar extends its downtrend, it is likely to find support around the 1.25 area.

Traders await the nation's retail sales for May due shortly.



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Source: Alliance News


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