Published at 00:34 (GMT) 17 Nov

Chart

Early EUR buyers sent the USD/SGD skidding to sub-1.3820 lows, but that dips continued to see paying interest. EUR moves are watched for signs of sustained break above the 1.50-figure; and until then slip in the USD/SGD is expected to find support. USD/MYR also tumbled in opening trades below the 3.36-figure as expected. Lows of 3.3550 have been printed on the tape as of now; a test on the 3.35-figure is not being ruled out just yet despite some stall in bearish momentum. MAS is seen hampering a break below the 1.38-figure in the USD/SGD. BNM meanwhile is also seen tempering USD/MYR downside notwithstanding rhetoric about MYR moves being a reflection of the economy. VV