SGD Market Update
21 Jul 2026 • 00:29 GMT
The Singapore Dollar (SGD) remains stable against major currencies, trading at 0.7746 versus the US dollar, just slightly below its 3-month average of 0.779. Recent data suggests a modest upward bias in USD/SGD, with some analysts expecting the pair to stay below 1.2910 in the short term. This could mean the SGD sees some gentle strengthening, especially if US inflation data or Federal Reserve signals support further dollar strength.
Against the euro, the SGD is near 90-day highs at 0.6789, slightly above its recent average, indicating the SGD’s resilience amid global uncertainties. Similarly, the SGD maintains strength against the Swiss franc at 0.6275, which is above its typical range. Conversely, the SGD has dipped to 1.1066 against the Australian dollar, near recent lows.
Overall, the SGD continues to trade within well-defined ranges and shows signs of maintaining stability amidst mixed external factors. Keep an eye on US economic data and possible MAS policy hints that could influence future moves.
📊 Quick forecast view
🔴 Mild downside
0.7750 – 0.7890
🌍 Global risk sentiment
🟢 Uptrend
