Singapore Dollar Dips Marginally Amid Potential Position Adjustments

Written by Emily J. Thompson, Senior Investment Analyst

Source: WSJ

Updated: Aug 27 2025

0mins

Source: WSJ

Singapore Dollar Movement: The Singapore dollar has slightly weakened against the U.S. dollar, with USD/SGD rising 0.1% to 1.2870 amid potential position adjustments in the market.
Legal Battle Over Fed Board Member: President Trump is facing a legal challenge from Fed governor Lisa Cook, whom he seeks to dismiss. Cook has stated she will not resign and is preparing to sue Trump, potentially leading to an extended legal dispute.
Potential Fed Replacements: Analysts suggest that economic adviser Stephen Miran and former World Bank Group President David Malpass could be considered as replacements for Cook, which may help Trump secure a majority on the Federal Reserve board.
Market Reactions: Asian currencies are consolidating against the dollar due to the tensions between Trump and the Fed, with USD/JPY remaining stable at 147.44 and USD/KRW increasing by 0.1% to 1,395.78.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.