0334 GMT - USD/SGD consolidates in the Asian session. Fed officials expressed a cautious tone overnight on rate cuts, while U.S. economic data released Tuesday were mixed, Maybank analysts say in a FX Research & Strategy report. It's difficult to say that Fed officials' remarks and the U.S. data have had much impact on the USD Index or Treasury yields, given the lack of a major directional move in them, Maybank says. Market participants could be waiting for key developments later this week, including France's elections, Maybank adds. USD/SGD is little changed at 1.3546. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 25, 2024 23:34 ET (03:34 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。