ForexAug 11, 2026, 7:13 PM

UOB Sees USD/SGD in Tight Range, Flags Upside Risk for Singapore Dollar

UOB analysts expect USD/SGD to remain rangebound with downside pressure as the Singapore dollar shows upside risk against the US dollar.

USDSGD

United Overseas Bank’s Quek Ser Leang and Lee Sue Ann see USD/SGD holding in a narrow intraday band after Monday’s modest rebound. The pair is seen between 1.2785 and an upper level not fully disclosed, signaling a tight range.

The analysts note that the Singapore dollar carries upside risk against the US dollar, implying potential weakness ahead for USD/SGD. This suggests that while the pair may bounce within the band, the broader bias leans toward a move lower.

Source: FXStreet Forex News

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