On Money in the Market, Hongbin Jeong is joined by Philip Wee, Senior Currency Economist at DBS Bank to discuss the current currency market amid markets negatively affected by US Fed Chair Jerome Powell’s speech last Friday, where he warned there would be no respite from interest rate hikes. With expectations of further rate hikes in the US, the US dollar strengthened to a fresh 20 year high earlier this week. Philip gives more details on the effect of the US dollar on the SingDollar, the Japanese yen, the euro, and the Chinese yuan. 

On Money in the Market, Hongbin Jeong is joined by Philip Wee, Senior Currency Economist at DBS Bank to discuss the current currency market amid markets negatively affected by US Fed Chair Jerome Powell’s speech last Friday, where he warned there would be no respite from interest rate hikes. With expectations of further rate hikes in the US, the US dollar strengthened to a fresh 20 year high earlier this week. Philip gives more details on the effect of the US dollar on the SingDollar, the Japanese yen, the euro, and the Chinese yuan.

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Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

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