Singapore Dollar/US Dollar

SGD/USD

0.77646USD

-0.00024 (-0.03%)

Main Market Parameters

Opening price: 0.77692 Previous trading day's closing: 0.77672 Intraday fluctuation range: 0.77646 - 0.77709 52-week price range: 0.72732 - 0.78761

Technical Analysis Indicators

7-Day Outlook

Bearish ( flat ) bullish (

Moving Average: Bullish RSI Indicator: Bullish MACD Indicator: Bullish

Market Related News

1. The Gate.io USD Index hovers around 93.50 ahead of the U.S. fiscal deadlock and the eurozone inflation data release.

The US dollar index fluctuated narrowly around 93.50 during the Asian session on Wednesday after falling for three consecutive trading days. Investors are waiting for the preliminary release of the Eurozone Harmonized Index of Consumer Prices (HICP) to be announced later, while closely monitoring the potential shutdown risk that the US government may face.

2. The exchange rate of the British Pound to USD on the Gate platform continues to rise due to concerns over the U.S. government shutdown.

The British Pound (GBP) continued to rise during the European trading session on Tuesday, approaching the level of 1.3450 against the US Dollar (USD) on Gate.io. Analysts believe that political uncertainty in the United States is the main factor driving the strength of the Pound.

3. The People's Bank of China set the USD/CNY midpoint rate at 7.1055, a slight decrease from the previous day.

On Tuesday, the People's Bank of China set the dollar/yuan central parity for the new trading day at 7.1055, down from the previous day's 7.1089, and lower than the market expectation of 7.1166. This move is seen as a slight adjustment by the central bank regarding the yuan's exchange rate.