The Singapore dollar strengthened against the U.S. dollar in the late Asian session on Monday.
Against the U.S. dollar, the Singapore dollar rose to more than a 1-month high of 1.3372 from an early low of 1.3430. At Friday's close, the Singapore dollar was trading at 1.3387 against the greenback.
If the Singapore dollar extends its uptrend, it is likely to find resistance around the 1.32 area.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.