USD/SGD posts 52 week high

USD/SGD has posted a fresh 52-week high.

USD/SGD is trading at it highest level in 52 weeks, having pierced the psychological barrier on an intraday basis.

Sep 2, 2015

GBP/USD drops to fresh 3-month lows near 1.5270, UK PMI weighs

The GBP bears took over complete control and keep pushing GBP/USD further away from 1.53 handle in the European afternoon, as markets digest the recent weak UK fundamentals ahead of crucial US economic releases later this week.

Moody’s raises concerns over mounting China’s regional debt

China's regional and local government (RLG) debt pile is just growing and growing, heading toward potentially unsustainable dimensions, especially when revenues fall, Moody's Investors Service warned on Wednesday.