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FX.co ★ Singapore Dollar Slides To Near 10-month Low Against U.S. Dollar

Singapore Dollar Slides To Near 10-month Low Against U.S. Dollar

The Singapore dollar weakened against the U.S. dollar in the Asian session on Wednesday.

Against the greenback, the Singapore dollar fell to nearly a 10-month low of 1.3640 from a recent high of 1.3607. At yesterday's close, the Singapore dollar was trading at 1.36012 against the greenback.

If the Singapore dollar extends its downtrend, it is likely to find support around the 1.38 area.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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