EUR/GBP holds its position above 0.8500 despite the dovish ECB
EUR/GBP experienced challenges as ECB officials suggested an interest rate cut in June. ECB Chief
USD/IDR risks further weakness near term – UOB
The continuation of the downtrend looks likely in USD/IDR in the short term, comments Markets
USD/CNH seems to have moved into a consolidative phase – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang now see USD/CNH
USD/IDR: Room for a probable visit to 15,150 – UOB
FX Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research notes USD/IDR
USD/THB: All the attention is now on 38.00 – UOB
FX Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research suggests USD/THB
USD/MYR: Next resistance comes at 4.62 – UOB
Extra upside could lift USD/MYR to the 4.62 level in the near term, according to
USD/CNH: Still room for a visit to 7.0500 – UOB
Extra upside could still motivate USD/CNH to test the 7.0500 region in the short-term horizon,
USD/CNH keeps targeting the 7.000 barrier – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang note USD/CNH could
USD/CNH: Upside mitigated below 6.8700 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted USD/CNH could
USD/CNH now targets 6.9400 ahead of 6.9600 – UOB
The continuation of the uptrend could see USD/CNH retest the 6.9400 region ahead of 6.9600