0308 GMT - The Singapore dollar consolidates against its U.S. counterpart in the Asian trading session. The Federal Open Market Committee's rate decision will be the key focus this week and will set the tone for Asian FX into 2026, says MUFG Bank's Lloyd Chan in a research report. Markets have largely priced in a 25 bp Federal Reserve rate cut, the senior currency analyst notes. The key element for markets will be the Fed's forward guidance on its policy trajectory beyond December. Investors are looking for clarity on the Fed's pace and extent of easing in the year ahead, Chan says. USD/SGD is little changed at 1.2957, LSEG data shows. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
December 07, 2025 22:08 ET (03:08 GMT)
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