The Singapore dollar strengthened against the U.S. dollar ahead of European session on Wednesday.
Against the greenback, the Singapore dollar rose to a 6-day high of 1.3449 from an early low of 1.3552. The pair was quoted at 1.3516 at yesterday’s close.
If the Singapore dollar extend its uptrend, it is likely to find resistance around the 1.30 area.
The material has been provided by InstaForex Company – www.instaforex.com