Singapore Dollar: Upside risks with CPI and Warsh in view – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong observe that USD/SGD has turned slightly softer, tracking Renminbi (RMB) gains as the Dollar consolidates. They see risks skewed to the downside, with support at 1.29 and 1.2840 and resistance at 1.2980.