The Singapore dollar strengthened against its U.S. counterpart in the Asian session, as risk appetite recovered alongside mild gains in U.S. stock-index futures.
The Singapore dollar weakened against its U.S. counterpart amid rising global trade tensions that typically undermine risk appetite.
The Singapore dollar touched 1.2789, its highest level in a decade, versus the greenback just four months ago, but has weakened since and now sits at around 1.37 per dollar. (EPA Images pic ...