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fxJun 22, 2026, 5:51 PM

USD/SGD Bid as Firmer USD, MAS Tightening Eyed – OCBC

OCBC strategists note USD/SGD trades with a bid tone amid a firmer US dollar backdrop, with resistance near 1.2940. Support levels were not fully disclosed.

USDSGD

OCBC strategists Sim Moh Siong and Christopher Wong report that USD/SGD is exhibiting a bid tone, supported by a firmer US dollar environment. Resistance is identified around the 1.2940 level, though specific support levels were not provided in the note.

The strategists also highlight that market attention remains on potential tightening by the Monetary Authority of Singapore (MAS), which could influence further direction. Traders are monitoring the pair as the dollar continues to strengthen against regional currencies.

Source: FXStreet Forex News