Bouncing back from Friday's 3-week low, the Singapore currency rallied against its US counterpart in early Asian trading on Monday. The Singapore dollar advanced to a 4-day high of 1.3828 against the greenback by 8:00 pm ET, compared to last week's close of 1.3886. If the domestic unit ticks up further, resistance is likely to be seen near the 1.38 level.
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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.