0334 GMT - The Singapore dollar weakens slightly against its U.S. counterpart amid the Israel-Iran conflict that could weigh on risk appetite. U.S. President Trump continued to persuade Iran to make a nuclear deal while later urging evacuation of Tehran, Maybank analysts note. Trump's "early departure from the G7 meeting was said to be positive by French President Macron, although it remains to be seen if any concrete steps can be taken towards a ceasefire," the analysts say in a FX Research & Strategy report. "One thing that is clear is that the situation continues to be highly uncertain and risks of escalation should not be ignored," they add. USD/SGD is 0.1% higher at 1.2813. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 16, 2025 23:34 ET (03:34 GMT)
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