{"id":57289,"date":"2026-07-21T05:51:13","date_gmt":"2026-07-21T05:51:13","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-ca\/uncategorized\/usd-sgd-holds-near-1-29-as-risk-aversion-blunts-dollar-pullback-ahead-of-singapore-cpi-and-mas-review\/"},"modified":"2026-07-21T05:51:13","modified_gmt":"2026-07-21T05:51:13","slug":"usd-sgd-holds-near-1-29-as-risk-aversion-blunts-dollar-pullback-ahead-of-singapore-cpi-and-mas-review","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/live-updates\/usd-sgd-holds-near-1-29-as-risk-aversion-blunts-dollar-pullback-ahead-of-singapore-cpi-and-mas-review\/","title":{"rendered":"USD\/SGD Holds Near 1.29 as Risk Aversion Blunts Dollar Pullback Ahead of Singapore CPI and MAS Review"},"content":{"rendered":"<p>OCBC wrote that USD\/SGD has been trading in a tight range around the low-1.29s, and that the recent US Dollar pullback after US CPI did not gain traction as geopolitical tensions and an AI-related sell-off weighed on sentiment. The pair was last reported at 1.2917. Momentum was described as mildly bearish, while the RSI was said to have risen.<\/p>\n\n<h3>Upcoming Economic Events<\/h3>\n\n<p>Attention is shifting to Singapore CPI on 23 July, followed by the Monetary Authority of Singapore policy review, expected in the week of 27\u201331 July. <\/p>\n\n<h3>Policy Outlook and Market Sentiment<\/h3>\n\n<p>OCBC\u2019s stated house view is that MAS will stay on hold after April\u2019s modest tightening, while monitoring inflation developments alongside still-elevated energy prices. Near-term direction was framed as primarily dependent on broader USD moves and risk sentiment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-ca\/trade-now\/>here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"<p>USD\/SGD stayed near low-1.29s; dollar pullback faded. Focus shifts to Singapore CPI and MAS review.<\/p>\n","protected":false},"author":87,"featured_media":56182,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-57289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/57289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=57289"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/57289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/56182"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=57289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=57289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=57289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}