SGD Market Update
25 May 2026 • 00:29 GMT
The Singapore dollar has recently edged higher against the US dollar, trading near 0.7830, its highest in a week and close to its three-month average. The currency has been range-bound, trading between 0.7736 and 0.7914, with the current move reflecting mild bullish momentum. However, experts advise buying on dips, as the pair may continue to fluctuate within this range in the near term.
Meanwhile, the USD remains supported by a risk-off tone in wider markets, with increased safe-haven flows amid geopolitical tensions and rising US Treasury yields. Despite the recent US dollar strength, the SGD's gains are limited, and the outlook suggests the pair may consolidate around current levels unless there are significant changes in US or Singapore monetary policies.
In other currency pairs, the SGD/Dollar has shown stability, while the SGD/Euro remains steady near its three-month average, and the SGD/GBP continues to trade just below its recent highs. Traders should keep an eye on US inflation data and potential shifts in MAS policy, as these could influence the SGD’s direction in the coming weeks.
📊 Quick forecast view
🔴 Mild downside
0.7780 – 0.7910
🏦 Central bank policy divergence
🔴 Downtrend
