USD/SGD seen within a range of 1.3638 and 1.3864 for the week ahead – MUFG

FXStreet Insights Team FXStreet

USD/SGD has stayed within a relatively narrow range at either side of 1.37 over the past week. For the week ahead, economists at MUFG Bank see the pair within a range of 1.3638 and 1.3864 with slight upside bias

Still positive outlook

“For the week ahead, we continue to see elevated inflation amid subdued industrial production growth for October. Overall, these may provide near-term supports for the SGD for the coming week.”

“For USD/SGD, we see the pair within a range of 1.3638 and 1.3864 with slight upside bias.”

Author

FXStreet Insights Team

FXStreet

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

EUR/USD remains offered below 1.1600, seems vulnerable near multi-month low

The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1530 region, or the lowest level since November 2025, and lower for the third consecutive day on Wednesday. Spot prices slide back below the 1.1600 mark during the Asian session and seem vulnerable to slide further.

GBP/USD slips below key averages as geopolitical risks mount

GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average for the first time since early December. The pair has pulled back sharply from its late-January high near 1.3870, shedding over 500 pips in a series of lower highs and lower lows.

Gold bounces back toward $5.200 amid sustained safe-haven flows

Gold bounces back toward $5,200 in Wednesday's Asian session, moving away from an over one-week low. Sustained safe-haven flows, amid escalating geopolitical tensions in the Middle East, act as a tailwind for the bullion. However, a bullish US Dollar and reduced bets for more aggressive easing by the US Fed might keep a lid on the non-yielding yellow metal ahead of the US ADP report and ISM Services PMI data due later in the day.