The Singapore dollar consolidates against its U.S. counterpart in the Asian session ahead of U.S. PPI data and CPI data.

Wall Street Journal Markets reports that traders are watching the Singapore dollar and its U.S. counterpart ahead of the releases.

The U.S. PPI data and CPI data are key inflation readings for the Asian session. Investors are watching them for signals on price pressures.

The Singapore dollar’s consolidation reflects a cautious market as investors await the U.S. inflation data.