Business Times Online: FX Money Markets

DBS Breakfast Spread

Key discussion centres on:

: · KR: The Bank of Korea (BOK) left rates unchanged on Thursday as expected. DBS maintains its forecast that the BOK will hike rates from Q2.

· IN: January industrial production is on tap on Friday. Manufacturing growth would not be able to sustain double digit growth rates for long

· PH: An unwinding of liquidity-enhancing measures from the central bank, and a budget deficit from the government

· Currencies: Our currency outlook in our latest quarterly - let Eurozone resolve its crisis in Q210 before returning to global imbalances in H210

12/03/10

Click here to view the DBS Daily Breakfast Spread in detail (pdf format)
Click here to get Acrobat Reader

Currencies

Yen edges up against greenback, euro

(LONDON) The yen rose against the US dollar and the euro yesterday as investors pared back risky positions after strong Chinese data fuelled expectations that Beijing will take further steps to tighten monetary policy. 12/03/10

Finance Tables
Currencies Where S$ Stands
Foreign Currency Note Rates
Interbank Cross Rates
Interbank Currency Rates
SIBOR
Interbank Rates
Banks' Prime Lending Rates
Prime Rates By Country