0257 GMT - USD/SGD falls during the Asian session amid declining Treasury yields that diminish the allure of U.S. fixed-income assets and demand for the greenback. Treasury yields have plummeted as the U.S. non-farm payrolls data missed estimates on most metrics, analysts of CIMB's Treasury and Markets Research say in a note. Regional currencies such as SGD, MYR and IDR have posted solid gains, the analysts add. USD/SGD falls 0.3% to 1.3243; USD/MYR slides 1.5% to 4.4355; USD/IDR is down 0.3% at 16,135.50. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
August 04, 2024 22:57 ET (02:57 GMT)
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