0306 GMT - USD/SGD consolidates during the Asian session ahead of U.S. non-farm payrolls report due out later today. Any figures in line with or close to expectations should keep the USD Index steady, Maybank analysts say in an FX Research & Strategy report. However, more substantial currency movements could emerge if the figures are much lower than forecast or come out well above forecast, the analysts say. Maybank remains wary of the effects that broad USD strength could have on emerging-market currencies and the possibility that these effects could feed into upward movements of the USD, the analysts add. USD/SGD is little changed at 1.3453. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 06, 2024 23:06 ET (03:06 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。