Singapore May Weaken It's Dollar

The video covers FX headlines, starting with JP Morgan's legal troubles over FX trading, including a criminal investigation by the US Department of Justice. It then discusses the sharp decline in the Japanese yen, which is causing reactions from central banks worldwide, including potential policy changes in Singapore. Finally, it previews Australian economic data, forecasting slight improvements in retail sales and a continued trade deficit.

What is JP Morgan currently facing in the US?

• A civil lawsuit

• A criminal investigation

• A merger proposal

• A financial audit

Which country's central bank might change its policy due to the yen's decline?

• Singapore

• Australia

• Canada

• India

What did the Bank of Korea express concern about?

• The fall in stock market indices

• The rise in oil prices

• The decline in the Japanese yen

• The increase in gold reserves

What is the forecasted change in Australia's retail sales for September?

• A decrease of 0.3%

• No change

• An increase of 0.3%

• An increase of 1.0%

How many consecutive months is Australia expected to have a trade deficit?

• Seven

• Four

• Five

• Six