Singapore Dollar Consolidates Amid Cautious Mood -- Market Talk

Dow Jones03-25

0247 GMT - The Singapore dollar consolidates against its U.S. counterpart in the Asian session. "We are ultimately cautious in reading too much into what the U.S. side is claiming at this point," MUFG Bank's Michael Wan says. He notes President Trump's claim that U.S.-Iran negotiations are continuing. "We continue to think that negotiations will be very difficult, and hence our message to clients in Asia is to look to engage in some additional hedges if better levels in markets allow and/or reduce some risk as we head into the weekend," the senior currency analyst says in a research report. The U.S. dollar is little changed at 1.2777 Singapore dollars, according to LSEG data. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

March 24, 2026 22:47 ET (02:47 GMT)

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