0320 GMT - The Singapore dollar consolidates against its U.S. counterpart in the Asian session. Traders are weighing the U.S.-China agreement to ease tensions between the world's two largest economies. Representatives from the two countries agreed on a framework that would essentially restore a pact they agreed to in Switzerland last month, a deal that saw both sides reduce tariffs. However, "full details of the agreement were not revealed," Maybank analysts say in a FX Research & Strategy report. "Obviously this was meant to prolong the truce and there was little meaningful resolution in core issues," the analysts add. USD/SGD is little changed at 1.2874. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 10, 2025 23:20 ET (03:20 GMT)
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