USDSGD eyes a range of 1.3610 to 1.3980 this week – MUFG USDSGD Banks Singapore
“In the near-term, we still see high inflation in Singapore anchoring expectations that the tight MAS monetary policy will stay, as a pull towards lower USDSGD. We anticipate that core inflation may only ease more markedly in H2-2023.
“For the coming week, we see a range of 1.3610 to 1.3980 for USDSGD. We now see downside risks to our year-end forecast of 1.42.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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