Spiga

USD/SGD May Trade In Range; Gains Capped

Forex News USD/SGD may trade in 1.3480-1.3570 band with upward bias, but gains may be capped as domestic inflation worries remain, says trader; "the market will be a bit cautious about taking USD/SGD too high as higher inflation will keep SGD on a rising path," trader says. June CPI due Wednesday. Pair last 1.3520 vs Friday's 1.3513 Asia trade.




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