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fxJun 24, 2026, 9:39 PM

USD/SGD Drifts Higher on Broad USD Strength, OCBC Says

OCBC analysts note USD/SGD has risen due to broad US dollar strength and softer risk sentiment, with bullish momentum and elevated RSI.

USDSGD

OCBC analysts Sim Moh Siong and Christopher Wong observe that USD/SGD has moved higher, driven by broad US dollar strength and a decline in risk appetite.

According to the analysts, daily momentum remains bullish and the Relative Strength Index (RSI) is elevated, suggesting continued pressure on the Singapore dollar.

Source: FXStreet Forex News