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USD/SGD price chart, background, and sentiment |
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Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
USD/SGD is a minor currency pair that represents the exchange rate between the US dollar (USD) and the Singaporean dollar (SGD). The currency pair serves as a key reference point for gauging the relative strength of the US and Singapore’s economies. Traders and investors analyse the USD/SGD exchange rate to make informed decisions in the forex market, and the pair is characterised by its moderate liquidity and volatility.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
The United States and Singapore have a strong bilateral trade relationship, most notably in the machinery, electronics, and pharmaceuticals sectors. The United States is among the top destinations for Singaporean exports, while Singapore acts as a gateway to the wider Southeast Asian region and serves as an essential re-export hub for US goods destined for neighbouring countries. Both countries also have significant investments in each other’s economies and financial sectors, contributing to job creation, knowledge transfer, and economic growth.
The USD/SGD exchange rate is influenced by factors including interest rate differentials, economic data releases, geopolitical events, and central bank policies.
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