0353 GMT - USD/SGD is steady in the Asian session, but may be weighed down by lower Treasury yields that could diminish the allure of U.S. fixed-income assets and demand for the greenback. "Quite a bit of U.S. superiority is already" priced into USD ahead of U.S. CPI data due Wednesday, Maybank analysts say in an FX Research & Strategy report. An inflation reading that meets consensus expectations could unwind recent hawkish market re-pricing of Fed rate-cut expectations and weaken the greenback, the analysts add. USD/SGD is little changed at 1.3477. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 08, 2024 23:53 ET (03:53 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。