U.S. indicators weighed on the dollar, as the enthusiasm fueled by yesterday’s court ruling poking a hole on Trump tariffs policy faded.

SINGAPORE (Reuters) - Asian shares eased on Tuesday, though U.S. futures rose after President Donald Trump delayed his ...

The US dollar rose around 1.5 per cent against the Singapore dollar, trading at 1.333 at around 2:50 pm. It also gained on the euro, Australian dollar and yen, which all slipped more than 1 per cent.

The Singapore dollar strengthened slightly against its U.S. counterpart in the Asian session, buoyed by last Friday’s downgrade of the U.S. credit rating.

According to Bloomberg, the Singapore dollar hit levels last seen in 2014 ... so that means the market expects a larger-than-normal cut of 50 basis points at one of the meetings this year.