0345 GMT - The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session amid prospects of Fed rate cuts that could diminish the allure of U.S. fixed-income assets. "Markets continue to come to terms with the fact that the Fed is about resume its easing cycle at a time that most other sovereigns have progressed quite a bit on that," Maybank analysts say in a FX Research & Strategy report. Also, the greenback isn't helped by the Federal Reserve Bank of New York's statewide manufacturing index of business conditions falling 20.6 points to minus 8.7 in September, the analysts add. USD/SGD is 0.1% lower at 1.2788. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

September 15, 2025 23:45 ET (03:45 GMT)

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