SGD Market Update
04 Apr 2026 • 00:29 GMT
The Singapore dollar (SGD) has seen little overall change against the US dollar recently. Currently, SGD/USD is at 0.7772, slightly below its three-month average of 0.7834. It has been trading within a narrow range from 0.7736 to 0.7934, reflecting a period of stability.
The USD remains firm, supported by geopolitical tensions and energy market concerns, which continue to bolster the dollar’s strength. Despite this, the SGD has held steady, thanks in part to expectations of potential policy moves by the Monetary Authority of Singapore. A steepening of the SGD Nominal Effective Exchange Rate (NEER) slope could strengthen the SGD further if oil prices stay elevated.
In currency pairs, the SGD has moved close to its recent highs against the GBP and CAD, with 14-day highs at 0.5887 and 1.0839 respectively, both just above their three-month averages. Meanwhile, against the euro and Japanese yen, the SGD remains stable, trading just above its three-month averages.
Overall, expect the SGD to remain steady in the near term, but keep an eye on official policy announcements and global geopolitical developments that could influence its direction.
📊 Quick forecast view
🔴 Mild downside
0.7600 – 0.7770
🌍 Global risk sentiment
⚪ Range-bound
