The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.
German savers long reconciled to zero interest are being lured by rates up to 1% as coronavirus-hit companies seek liquid funds, according to a report by the Süddeutche Zeitung newspaper. The trend though is limited.
It's been a brutal month for the risk-on trade. But a glimmer of hope has shown as the S&P has held on to support with the US Dollar tempering gains.
Australia and New Zealand have announced economic relive packages, while bot central banks announced quantitative easing measures after slashing interest rates to 0.25%.
