The Singapore dollar strengthened against the U.S. dollar in the Asian session on Wednesday.

Against the greenback, the Singapore dollar rose to more than a 2-month high of 1.3930 from an early low of 1.3978. At yesterday's close, the Singapore dollar was trading at 1.3959 against the greenback.

If the Singapore dollar extends its uptrend, it is likely to find resistance around the 1.38 area.

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