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Singapore Dollar Slightly Strengthens, Market Focuses on US CPI Data Release
Summary: According to sources, during the Asian trading session, the Singapore dollar slightly strengthened against the US dollar, possibly due to position adjustments. Analysts at Malayan Bank noted that the market is cautious about the US CPI data set to be released later today. They pointed out that unless there are clear signs of significant price ...
According to sources, during the Asian trading session, the Singapore dollar slightly strengthened against the US dollar, possibly due to position adjustments. Analysts at Malayan Bank noted that the market is cautious about the US CPI data set to be released later today. They pointed out that unless there are clear signs of significant price pressures from tariffs, this inflation report is unlikely to greatly alter market expectations for a Fed rate cut in September or further easing.
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Link: Singapore Dollar Slightly Strengthens, Market Focuses on US CPI Data Release [Copy]
