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Singapore dollar is flat in early trade, last trading at 1.3567. The pair lost ground on Wednesday as USD dropped on the back of US CPI data. Support for the pair is seen close by at 1.3567 a 23.6% retracement level, resistance is seen at the 2021 high 1.3693
- On the coronavirus front Singapore reported 61 new locally transmitted COVID-19 infections yesterday, three new COVID-19 clusters were identified.
- The economic docket for the rest of the week is empty, non-oil domestic export data is the main release on the schedule next week.