U.S. Dollar's Upward Momentum Vs. Singapore Dollar Continues to Build, Chart Shows -- Market Talk

Dow Jones

06/08

0549 GMT - The U.S. dollar's upward momentum against its Singapore counterpart continues to build, based on weekly chart, says Quek Ser Leang of UOB's Global Economics & Markets Research. The U.S. dollar-Singapore dollar pair surged above both the declining trendline and the 55-week exponential moving average during last Friday's New York session, the senior technical strategist notes. The currency pair "subsequently closed 1.11% higher at 1.2908, its highest weekly close this year," the strategist says. "A break above 1.2930 would increase the risk of a move toward 1.3000," the strategist adds. The U.S. dollar is 0.1% higher at 1.2903 Singapore dollars, LSEG data show. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 08, 2026 01:49 ET (05:49 GMT)

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(ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 08, 2026 01:49 ET (05:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Dollar's Upward Momentum Vs. 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Singapore Dollar Continues to Build, Chart Shows -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-06-08 13:49</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0549 GMT - The U.S. dollar's upward momentum against its Singapore counterpart continues to build, based on weekly chart, says Quek Ser Leang of UOB's Global Economics &amp; Markets Research. The U.S. dollar-Singapore dollar pair surged above both the declining trendline and the 55-week exponential moving average during last Friday's New York session, the senior technical strategist notes. The currency pair \"subsequently closed 1.11% higher at 1.2908, its highest weekly close this year,\" the strategist says. \"A break above 1.2930 would increase the risk of a move toward 1.3000,\" the strategist adds. The U.S. dollar is 0.1% higher at 1.2903 Singapore dollars, LSEG data show. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 08, 2026 01:49 ET (05:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2355687059.USD","symbol_name":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2641105033","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2641105033","pubTimestamp":1780897740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0549 GMT - The U.S. dollar's upward momentum against its Singapore counterpart continues to build, based on weekly chart, says Quek Ser Leang of UOB's Global Economics & Markets Research. The U.S. dollar-Singapore dollar pair surged above both the declining trendline and the 55-week exponential moving average during last Friday's New York session, the senior technical strategist notes. The currency pair \"subsequently closed 1.11% higher at 1.2908, its highest weekly close this year,\" the strategist says. \"A break above 1.2930 would increase the risk of a move toward 1.3000,\" the strategist adds. The U.S. dollar is 0.1% higher at 1.2903 Singapore dollars, LSEG data show. 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