USD/CNH: Likely to recover to 6.9805 – UOB Group
There is scope for US Dollar (USD) to recover to 6.9805; a continued rise is unlikely. In the longer run, deeply oversold conditions and waning momentum suggest the downside potential…
Read More »USD/CNH: Likely to trade in a range between 7.1200 and 7.1300 – UOB Group
Momentum indicators are mostly flat; US Dollar (USD) is likely to trade in a range between 7.1200 and 7.1300. In the longer run, USD has likely entered a range-trading phase…
Read More »EUR/USD: Likely to trade in a 1.1130/1.1230 range – UOB Group
There has been no increase in either downward or upward momentum; EUR is likely to trade in a 1.1130/1.1230 range vs US Dollar (USD). In the longer run, EUR is…
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