UOB’s Quek Ser Leang and Lee Sue Ann note that USD/SGD has broken to a two‑month high near 1.2840, with strong momentum pointing to further Dollar strength against the Singapore Dollar.
OCBC strategists Sim Moh Siong and Christopher Wong report that USD/SGD fell into the New York close, helped by a sharp Brent decline and a pullback in USD/JPY, easing immediate inflation and yield concerns.
DBS Group Research economists Taimur Baig and Chua Han Teng argue that recent commodity price shocks will inevitably lift inflation in Singapore, but highlight the role of the Singapore Dollar and policy buffers.