USD/CNH: Downward bias gathers steam – UOB
UOB Group’s FX Strategists noted USD/CNH could grind lower and retest the 6.3500 level in
US: Inflation rises to 4-decade high in December – UOB
Senior Economist at UOB Group Alvin Liew comments on the latest US inflation figures. Key
GBP/USD stays unfazed above 1.37 after UK GDP beats estimates with 0.9% in November
UK GDP arrived at 0.9% MoM in Nov vs. 0.4% expected. GBP/USD is little changed
UK Manufacturing Production rises by 1.1% MoM in November, a big beat
Britain’s industrial sector witnessed a solid recovery in November, the latest UK industrial and manufacturing production
AUD/USD now seen testing 0.7335 near term – UOB
AUD/USD could advance further and visit the 0.7335 level in the next weeks, commented FX
USD/JPY is expected to meet solid support around 113.60 – UOB
Extra decline in USD/JPY is seen facing a tough barrier around 113.60 in the next
German Economy Ministry: Inflation upwards trend to weaken noticeably from January
Germany’s Economy Ministry said in a statement on Friday, the Inflation upwards trend to weaken
German economy grew by 2.7% in 2021 – Destatis
Germany's Federal Statistics Office, Destatis, in its latest report, showed that the economy expanded by
Algorand price due for a 25% upswing as ALGO reveals a bullish setup
Algorand price dropped 10% over 24 hours and set up a triple bottom at $1.34.
Cardano price presents buy opportunity before ADA gears up for 40% ascent
Cardano price could provide a buy opportunity at lower support levels before the bulls try