Defensive profile shapes tactical trades – OCBC

Defensive profile shapes tactical trades – OCBC

OCBC’s Christopher Wong notes that USD/SGD has rebounded on stalled US–Iran ceasefire talks, with fading bearish momentum and rising RSI. He highlights resistance around 1.2750/60 and key support at 1.2670, arguing that Singapore Dollar (SGD) has behaved as a regional defensive currency and may eventually underperform higher-beta peers like Malaysian Ringgit (MYR), South Korean Won […]