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via fxstreet.comEconomy

Singapore dollar steered by FOMC and yields, says OCBC

FROM THE WIRE · FXSTREET.COM

OCBC’s Christopher Wong notes USD/SGD drifted lower with the broader USD and US Treasury yields before paring losses, with external drivers back in focus after MAS’s October decision.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralExternal drivers such as FOMC and US yields steer USD/SGD after the MAS decision.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01USD/SGD drifted lower with the broader dollar and US Treasury yields.
  2. 02The losses were then partly pared back.
  3. 03External drivers are back in focus after MAS's October decision.

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