The Singapore dollar strengthened against the U.S. dollar in the Asian session on Thursday.
Against the greenback, the Singapore dollar rose to a 2-week high of 1.3202 from an early low of 1.3268. At yesterday’s close, the Singapore dollar was trading at 1.3247 against the greenback.
If the Singapore dollar extends its uptrend, it is likely to find resistance around the 1.30 area.
The material has been provided by InstaForex Company – www.instaforex.com