The US Dollar (USD) inched higher against the Singaporean Dollar (SGD) on Friday, after printing sharp gains over the past six consecutive months hence increasing the price of USDSGD to more than 1.3250 following the Singapore Gross Domestic Product (GDP) release. The technical bias remains bullish due to a Higher High in the ongoing rally. The pair is expected to hit the pre-recession levels during 2015 amid US growth optimism and wide range of challenges faced by the Singapore’s economy. Technical Analysis As of this writing, the pair is being traded around 1.3261. A hurdle may be seen near 1.3364, the 38.2% fib ... (full story)