USD/SGD Sees Short-Term Consolidation Ahead
Today, the USD/SGD pair bounced, following an uptick in USD/CNH. The pair trades at 1.3444. OCBC’s FX analysts Frances Cheung and Christopher Wong have shared insights on this trend, indicating a more stabilized movement in the near term. Traders are advised to monitor for any other fluctuations that may arise as the market adjusts to this movement.