0311 GMT - USD/SGD is steady ahead of Singapore's May CPI data due later in the day. Key highlight for Asia today is Singapore's inflation report, says Lloyd Chan, senior currency analyst at MUFG Bank, in a research report. The country's core inflation is likely to only edge lower to 3% on-year in May from 3.1% in April, and this probably won't be sufficient for Singapore's central bank to loosen policy at its quarterly meeting in July, Chan says. USD/SGD is little changed at 1.3552. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 23, 2024 23:11 ET (03:11 GMT)
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