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2026-09-16 11:08:09
[Singapore Dollar Weakens Ahead of Fed Decision as Market Watches for Further Tightening Signals] (1) The Singapore dollar weakened against the US dollar in Asian trading ahead of the Federal Reserve's policy decision later on Wednesday. (2) Christopher Wong, a foreign exchange strategist at OCBC Bank, said in a report that the market has largely priced in the rate hike expectations, but uncertainty extends beyond the meeting; the key question is whether the Fed considers the potential rate hikes sufficient or will signal further tightening. The US dollar rose 0.1% to 1.2730 Singapore dollars.
