Friday, October 16, 2026

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USD/SGD remains bid on hopes of easing

USD/SGD remains bid despite intervention, hopes of further MAS easing strengthens CIBC FX Strategist Patrick Bennett: MAS may introduce a cash target rate or similar to weaken SGD further USD/SGD likely to break 1.40, on…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/SGD remains bid despite intervention, hopes of further MAS easing strengthens

  • CIBC FX Strategist Patrick Bennett: MAS may introduce a cash target rate or similar to weaken SGD further

  • USD/SGD likely to break 1.40, onward to 1.4275-1.4300

  • USD/SGD last 1.3867-71, traded 1.3845-1.3909 range so far 

 

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