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Singapore Dollar: Range-bound trading outlook against US Dollar – UOB

요약

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain range-bound near 1.2785. In the 24-hour view, the pair is seen holding between key levels as downward momentum has stalled. Over the next 1–3 weeks, they still anticipate trading between 1.2775 and 1.2835, with a close below 1.2775 opening downside toward 1.2755. A clearer trend needs a sustained break of 1.2855 or 1.2755.