0337 GMT - USD/SGD edges higher during the Asian session in possible position-adjustment ahead of the FOMC two-day meeting that kicks off later today, as well as the U.S. CPI data due out Wednesday. These key events are likely to keep market participants cautious, Maybank analysts say in an FX research & strategy report. EU elections and Europe's political situation are also an overhang for risk sentiment, following gains by far-right politicians, the analysts add. USD/SGD is up 0.1% at 1.3535. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 10, 2024 23:37 ET (03:37 GMT)
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