The Singapore dollar strengthened slightly against its U.S. counterpart in the Asian session, aided by President Trump’s announcement that he would double tariffs on steel and aluminum imports to 50% ...

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.

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.

Singapore’s Holidaymakers Toast Strongest Dollar in a Decade Exports get crimped by exchange rate, outbound travelers cheer Local retail, food establishments coming under pressure ...

The local dollar hit levels last seen in 2014 against the greenback late Friday, and fluctuated around the 1.30 per dollar in early trading Monday. Singapore’s currency has gained about 1.5% ...