Latest Change USD/SGD 1.2495 +0.0030 Overnight Rate 0.13% Unchanged 2-Year Bond Yield 0.25% -2 bps 10-Year Bond Yield 1.47% -1 bp 2-Year Swap Offer 0.61% +2 bps 10-Year Swap Offer 2.04% +3 bps 2-10-Year Swap Curve 143 bps +1 bp SINGAPORE (Dow Jones)--The Singapore dollar was lower late in Asia Thursday due to caution over the health of the U.S. economy, while regional data painted a mixed picture. The U.S. dollar, which was quoted as high as S$1.2522 overnight, was changing hands around S$1.2495 in the Asian afternoon, compared with S$1.2465 around the same time Wednesday. Overnight comments by U.S. Federal Reserve Chairman Ben Bernanke that the economic recovery in the U.S. was "uneven and modest" led investors to buy into the perceived safety of the greenback. Analysts expect the Singapore dollar to remain in a range, with no clear direction. "There has been a bit of a bounce in the Singapore dollar today, though nothing substantial. However, risk appetite remains pretty solid and we expect the pair to stay in a range," an analyst at an international bank said. He tipped support for the greenback near S$1.2430 and resistance at S$1.2520. Purchasing managers' index data from key Asian economies presented a mixed picture of the region, with renewed confidence in China's manufacturing activity and slightly weaker sentiment in India. Singapore government bonds were a bit higher across maturities as investors kept a watchful eye on economic developments across the globe. -By Gaurav Raghuvanshi; Dow Jones Newswires; +65 64154 154; gaurav.raghuvanshi@dowjones.com

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