0351 GMT - The Singapore dollar weakens slightly against its U.S. counterpart in the Asian session on possible position adjustments ahead of the FOMC's monetary-policy decision due later today, where the central bank is widely anticipated to keep rates unchanged. "Expectations are for the Fed to be on an extended pause until July this year," Maybank analysts say in an FX Research & Strategy report. "With the economic strength of the U.S. being questioned, we look for any sign that the Fed has made a more discernible shift in its priorities from inflation to growth," the analysts add. USD/SGD is 0.1% higher at 1.3314. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 18, 2025 23:51 ET (03:51 GMT)
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