Why Singapore Dollar’s Tug-of-War with the US Dollar Could Make or Break Your Next Big Investment Move—Don’t Miss This Insight from UOB!
Ever wonder why the USD/SGD pair feels a bit like it’s caught in a no-man’s land, tiptoeing along a tightrope without taking the plunge? Well, you’re not alone. UOB’s sharp minds, Quek Ser Leang and Lee Sue Ann, are keeping a keen eye on the action, expecting the dollar to inch lower and flirt with the 1.2760 mark—though a full blow past that boundary seems unlikely. It’s like watching a seasoned tightrope walker balancing delicately between 1.2730 and 1.2820, maintaining steady poise with the major support firmly holding at 1.2730. Now, imagine the strategic patience it takes to anticipate range-bound moves in a world that constantly demands volatility! If you’re as intrigued as I am by these subtle market dances, hang tight because this range-trading saga is far from over. LEARN MORE
UOB’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower and test 1.2760 in the near term, though a sustained break below that level is unlikely. They maintain a 1–3 week range-trading view between 1.2730 and 1.2820, with major support at 1.2730 seen as intact.
Dollar-Singapore Dollar stays range bound
“24-HOUR VIEW: While we expected USD to edge lower and test 1.2760 last Friday, we stated that “a continued decline below this level is unlikely.” We added, “resistance is at 1.2795; a breach of 1.2805 would indicate that the current mild downward pressure has eased.” However, USD traded in a relatively quiet manner between 1.2776 and 1.2805. USD closed at 1.2804 (+0.20%) but dropped on the open today. There has been a slight increase in downward momentum, and we continue to expect USD to edge lower and test 1.2760. Based on the current momentum, a continued drop below this level remains unlikely. We do not expect the major support at 1.2730 to come under threat. On the upside, a break above 1.2800 (minor resistance is at 1.2790) would indicate that USD is likely to range-trade instead of edging lower.”
“1-3 WEEKS VIEW: We highlighted last Thursday (21 May, spot at 1.2780) USD “has likely entered a range-trading phase,” and we expected it to “trade between 1.2730 and 1.2820.” We continue to hold the same view.”
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Vital Essentials Freeze Dried Dog Treats | Beef Liver, Single Ingredient | Premium Quality | Grain Free Training Treats for Dogs, 2.1 oz Bag
$5.99 (as of May 25, 2026 02:20 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Medium Hass Avocado
(as of May 25, 2026 02:25 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Blink Outdoor 4 – Wireless smart security camera, two-year battery life, two-way talk. Required Sync Module not included – Add-on camera
$37.99 (as of May 25, 2026 02:33 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
PetsHome Slow Feeder Dog Bowls & Lick Mat for Liquid and Thick Treat, Anti-Slip Dog Lick Bowl with Interactive Rolling Ball, 5/6 Cup Pup Licking Toy for Large Medium Small Dogs and Cats Blue
$16.99 (as of May 25, 2026 02:34 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Post Comment