Singapore Dollar Weakens Slightly on Possible Position Adjustments -- Market Talk

Dow Jones

2025/10/01

0246 GMT - The Singapore dollar weakens slightly against its U.S. counterpart on possible position adjustments. "The U.S. dollar is nervous ahead of a potential U.S. government shutdown in a few hours," DBS Group Research's Philip Wee says in commentary. In addition to a delay in this Friday's release of key U.S. jobs data, a shutdown would furlough some 750,000 federal employees, according to estimates by the Congressional Budget Office, the senior forex strategist notes. "Speculation has emerged that the administration could use the shutdown as a cover to permanently trim the federal workforce and align it with Trump's priorities," Wee adds. USD/SGD is 0.1% higher at 1.2910, LSEG data show. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

September 30, 2025 22:46 ET (02:46 GMT)

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In addition to a delay in this Friday's release of key U.S. jobs data, a shutdown would furlough some 750,000 federal employees, according to estimates by the Congressional Budget Office, the senior forex strategist notes. \"Speculation has emerged that the administration could use the shutdown as a cover to permanently trim the federal workforce and align it with Trump's priorities,\" Wee adds. USD/SGD is 0.1% higher at 1.2910, LSEG data show. 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In addition to a delay in this Friday's release of key U.S. jobs data, a shutdown would furlough some 750,000 federal employees, according to estimates by the Congressional Budget Office, the senior forex strategist notes. \"Speculation has emerged that the administration could use the shutdown as a cover to permanently trim the federal workforce and align it with Trump's priorities,\" Wee adds. USD/SGD is 0.1% higher at 1.2910, LSEG data show. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 30, 2025 22:46 ET (02:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0823413660.USD","symbol_name":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2572330425","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572330425","pubTimestamp":1759286760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0246 GMT - The Singapore dollar weakens slightly against its U.S. counterpart on possible position adjustments. \"The U.S. dollar is nervous ahead of a potential U.S. government shutdown in a few hours,\" DBS Group Research's Philip Wee says in commentary. In addition to a delay in this Friday's release of key U.S. jobs data, a shutdown would furlough some 750,000 federal employees, according to estimates by the Congressional Budget Office, the senior forex strategist notes. \"Speculation has emerged that the administration could use the shutdown as a cover to permanently trim the federal workforce and align it with Trump's priorities,\" Wee adds. USD/SGD is 0.1% higher at 1.2910, LSEG data show. 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In addition to a delay in this Friday's release of key U.S. jobs data, a shutdown would furlough some 750,000 federal employees, according to estimates by the Congressional Budget Office, the senior forex strategist notes. \"Speculation has emerged that the administration could use the shutdown as a cover to permanently trim the federal workforce and align it with Trump's priorities,\" Wee adds. USD/SGD is 0.1% higher at 1.2910, LSEG data show. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 30, 2025 22:46 ET (02:46 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}