0429 GMT - USD/SGD is trading steadily in Asia but may be weighed by signs the U.S. economic exceptionalism is faltering, analysts say. "Cracks" in the U.S. exceptionalism narrative could be beginning to show, based on Friday's economic data, Maybank analysts say in a foreign-exchange research and strategy report. The U.S. dollar could remain a sell on rally if U.S. wage growth undershoots, which it arguably did on Friday, the analysts say. Based on technical analysis, USD/SGD's support levels are at 1.3300 and 1.3250, while its resistance levels are at 1.3350 and 1.3400, the analysts add. USD/SGD is little changed at 1.3308. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 11, 2024 00:29 ET (04:29 GMT)
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