0306 GMT - USD/SGD is steady in the Asian session amid mixed signals. On the one hand, recovery in the U.S. ISM services-activity index for July, released overnight, provides a slight reprieve by quashing recession concerns, Maybank analysts say in a FX Research & Strategy report. On the other hand, Maybank cautions that with fear remaining at a high and movements in currencies probably compounded by weak sentiment, markets may be yet to hit a bottom, the analysts say. USD/SGD is little changed at 1.3245. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
August 05, 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。