Forex News USD/SGD last bid 1.3630 vs 1.3593 on overnight gains in USD amid further falls in oil prices, hopes Fed may raise rates due to inflation concerns, trader says. Adds Singapore CPI has been holding steady for 3 straight months to June at 7.5%, indicating prices might have peaked. "This shows that central bank may not further tighten its monetary policy stance." Expects pair to trade in 1.3620-1.3670 range.
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