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fxJun 22, 2026, 3:41 PM

USD/SGD Range Trade Supported Around 1.29 – UOB

UOB analysts note USD/SGD remains supported near 1.29 as the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) trades near the top of its band, suggesting the pair will hover close to this level.

USDSGD

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann point to USD/SGD holding support near the 1.29 mark.

The Singapore Dollar Nominal Effective Exchange Rate (S$NEER) is currently trading near the upper boundary of its policy band, which typically implies the pair will stay range-bound around current levels.

Source: FXStreet Forex News