USD/SGD Edges Lower Amid Falling Treasury Yields -- Market Talk

Dow Jones
2024-07-29

0255 GMT - USD/SGD edges lower in the Asian session amid falling Treasury yields that diminish the appeal of U.S. fixed-income assets and demand for the greenback. There are growing expectations for a Fed rate cut in September, Maybank analysts say, noting the U.S. PCE core price index released Friday showed inflation rose at a tame pace in June. Based on technical analysis, USD/SGD's initial support is at 1.3400 while initial resistance is at 1.3450, the analysts say in a FX Research & Strategy report. USD/SGD is down 0.1% at 1.3415. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

July 28, 2024 22:55 ET (02:55 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。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10