USD/SGD Steady; Signs U.S. Exceptionalism Is Faltering May Weigh -- Market Talk

Dow Jones
2024-03-11

0429 GMT - USD/SGD is trading steadily in Asia but may be weighed by signs the U.S. economic exceptionalism is faltering, analysts say. "Cracks" in the U.S. exceptionalism narrative could be beginning to show, based on Friday's economic data, Maybank analysts say in a foreign-exchange research and strategy report. The U.S. dollar could remain a sell on rally if U.S. wage growth undershoots, which it arguably did on Friday, the analysts say. Based on technical analysis, USD/SGD's support levels are at 1.3300 and 1.3250, while its resistance levels are at 1.3350 and 1.3400, the analysts add. USD/SGD is little changed at 1.3308. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

March 11, 2024 00:29 ET (04:29 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10