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The Singapore dollar edged lower against the US dollar in Asian trading, with the greenback appreciating 0.1% to S$1.2777.
The Singapore dollar edged lower against the US dollar in Asian trading, with the greenback strengthening 0.1% to S$1.2777. The Wall Street Journal cited OCBC Bank research strategists, stating that ongoing US-Iran tensions have pushed up oil prices, exacerbating inflation concerns. Meanwhile, rising oil prices, high US Treasury yields, and the resilience of US economic data continue to support the US dollar.
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