USD/SGD Steady; Market Participants Await BOJ Decision -- Market Talk

Dow Jones

2024-06-14

0308 GMT - USD/SGD is trading steadily in the Asian session. Market participants are watching for any impact of the coming BOJ decision on JPY weakness and on the USD Index, Maybank analysts say in an FX Research & Strategy report. There are also EU woes whereby EU debt will not be added to MSCI bond indexes and the coming French elections, the analysts add. Maybank is wary of further upside for the USD Index in the near term amid EUR and JPY concerns. USD/SGD is little changed at 1.3511. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 13, 2024 23:08 ET (03:08 GMT)

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