The Singapore dollar weakened against the U.S. dollar in the Asian session on Tuesday.
Against the greenback, the Singapore dollar fell to nearly a 2-week low of 1.3362. At yesterday’s close, the Singapore dollar was trading at 1.3320 against the greenback.
If the Singapore dollar extends its downtrend, it is likely to find support around the 1.38 area.
The material has been provided by InstaForex Company – www.instaforex.com