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Singapore Dollar: Range-bound bias holds against US Dollar – UOB

Reported · Written up by our desk · Major Pairs

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD extended higher than expected, with the pair touching 1.2814 instead of staying in the prior intraday range. Short-term momentum suggests scope for a test above 1.2820, though gains are seen as limited.

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FXStreetSingapore Dollar: Range-bound bias holds against US Dollar – UOB

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Singapore Dollar: Range-bound bias holds against US Dollar – UOB

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