The dollar slipped against a basket of currencies on Friday after data showed USA consumer prices rose less than expected in September, pointing to muted inflation that could worry Federal Reserve officials.
The Singapore dollar slipped 0.2 pct to 1.3550 versus the US dollar from 1.3514 after the Monetary Authority of Singapore kept all its monetary policy settings unchanged on Friday, noting 2018 economic growth was likely to be slower than seen this year.
On Thursday, the U.S. Department of Labor said its producer price index for final demand increased 0.4 percent in September.
The dollar index, which measures the greenback against six major peers, was down 0.30 per cent at 93.008 in late trading.
San Francisco Federal Reserve Bank President John Williams on Wednesday said he expects the US central bank to raise interest rates later this year, three times next year, and a little bit further in 2019.
"Many participants expressed concern that the low inflation readings this year might reflect. the influence of developments that could prove more persistent, and it was noted that some patience in removing policy accommodation while assessing trends in inflation was warranted", Reuters reported, citing the Fed's meeting minutes.
The dollar bought 112.35 Japanese yen, higher than 112.31 yen of the previous session. "It puts the December rate hike more into question".
"Inflation remains around 0.5 percent, still below our target", Kuroda told reporters upon arrival for the Group of 20 finance leaders' gathering in Washington.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, fell 1 basis point to 2.83 percent, the yield on the 15-year note also slid 1 basis point to 3.11 percent and the yield on short-term 2-year traded flat at 1.95 percent by 03:05GMT.
Long Term Growth review of Nabors Industries Ltd. (NYSE:NBR)
Finally, Royal Bank Of Canada reaffirmed a "buy" rating on shares of Nabors Industries in a research report on Tuesday, June 20th. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Nabors Industries by 38.7% in the 2nd quarter.
Amazon.com Considering "Creative" Delivery Methods
The new initiatives are part of Amazon's effort to go beyond convenience and fix problems associated with unattended delivery . All this focus on in-home delivery is not without reason. "Nothing makes shoppers more irate than missing a delivery".