0251 GMT - The Singapore dollar weakens slightly against its U.S. counterpart in the Asian session as Fed Chair Powell's remarks overnight dent risk appetite. Powell said he sees no "Fed Put" when asked about it at an event, Maybank analysts say in a FX Research & Strategy report. "The trade situation had already created immense uncertainty on a timing of the next Fed cut and looking at Powell's comments, it could end up happening later," the analysts say. USD/SGD is 0.2% higher at 1.3136. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 16, 2025 22:51 ET (02:51 GMT)
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