UOB: USD/SGD Range-Bound Between 1.2905 and 1.2940
UOB analyst Quek Ser Leang notes USD/SGD remains range-bound, with intraday action expected between 1.2905 and 1.2940 as recent price moves provided no fresh directional cues.
USDSGD
UOB's Quek Ser Leang commented on the Singapore dollar outlook, stating that USD/SGD remains range-bound. Intraday trading is expected to be confined within the 1.2905–1.2940 band, as recent price action has not offered any clear directional signal.
The analyst's assessment suggests a lack of momentum for a breakout, keeping the pair in a narrow consolidation pattern.
Source: FXStreet Forex News