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fxJul 17, 2026, 7:41 PM

USD/SGD Holds Near Recent Lows, UOB Sees Range Trade

UOB strategists note USD/SGD has stabilized after a sell-off, with spot around 1.2905 and intraday action expected to stay within a narrow range near support.

USDSGD

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann reported that USD/SGD has stabilized after an earlier sell-off. The pair is currently trading around 1.2905, and intraday price action is expected to remain confined between nearby support levels.

The analysts point to a range-bound scenario near recent lows, suggesting limited directional momentum in the near term. No breakout signals have emerged, keeping the pair in a consolidation phase against the US dollar.

Source: FXStreet Forex News