• USD/SGD retreats to 1.2958 from Wed high 1.2966; STI +0.1%

• Might still end up inside Bollinger uptrend channel at 1.2952

• Tracking USD/JPY movements closely as intervention fears arise

• Ahead of US holiday Friday, some USD longs may trim positions

• Chance of Japan FX officials acting, capitalizing on thin liquidity again

• Singapore private home prices rose again, +0.5% q/q
SGD


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)