Singapore Dollar: Range bias holds above 1.2890 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang notes that USD/SGD’s mild downward pressure has eased, with the pair expected to stay range-bound. Intraday, the Dollar is seen trading between 1.2920 and 1.2960, while over the next 1–3 weeks UOB projects a broader 1.2890–1.2990 band.