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

FXStreetSingapore

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

UOB strategists Quek Ser Leang and Lee Sue Ann note that USD/SGD slipped overnight as Asian currencies stayed resilient and the SGD NEER held well above its mid-point. Their short-term view sees the pair confined to a tight intraday range, while the 1–3 week outlook still favours mild Dollar weakness toward key support levels unless resistance is broken.

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