0321 GMT - USD/SGD edges higher during the Asian session ahead of tonight's release of the U.S. PCE core price index, the Fed's favored inflation gauge. The balance of risks for this data might be skewed to the upside for the greenback, Maybank analysts say, noting that the Fed has preferred to look for a few more "good" data for better confidence to begin easing policy. Any upside surprise in the numbers would certainly lift USD, the analysts say in an FX Research & Strategy report. USD/SGD is up 0.1% at 1.3510. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 30, 2024 23:21 ET (03:21 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。