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fxJul 9, 2026, 7:02 PM

USD/SGD Range Bias Holds Above 1.2890 – UOB

United Overseas Bank notes that USD/SGD's mild downward pressure has eased, with the pair expected to trade between 1.2920 and 1.2960 intraday and 1.2890–1.2990 over the next 1–3 weeks.

USDSGD

United Overseas Bank (UOB) analyst Quek Ser Leang observed that the mild downward pressure on USD/SGD has dissipated, leaving the pair in a range-bound pattern.

Intraday, the US dollar is seen trading between 1.2920 and 1.2960 against the Singapore dollar. Over a 1–3 week horizon, UOB forecasts a broader range of 1.2890 to 1.2990.

No clear directional bias is indicated, with support at 1.2890 and resistance near 1.2990.

Source: FXStreet Forex News