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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.