USD/CNH: Further upside could see 6.8500 retested – UOB
Extra gains could motivate USD/CNH to challenge the 6.8500 area in the next weeks, commented
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Extra gains could motivate USD/CNH to challenge the 6.8500 area in the next weeks, commented
USD/CNH could now attempt a visit to the 6.8000 level in the next weeks, commented
Quek Ser Leang at UOB Group’s Global Economics & Markets Research noted USD/THB still faces
The pound remains under pressure, still hit by the BoE meeting. Euro among top performers
EUR/GBP gained strong follow-through traction on Friday and refreshed the YTD peak. Acceptance above the
USD/CNH needs to keep the trade above 6.6450 to maintain the constructive outlook unchanged for
EUR/GBP climbed to over a one-week high, albeit struggled to capitalize on the move. Traders
NZD/USD now faces some range bound trading between 0.6450 and 0.6610 in the next weeks,
Further upside momentum could encourage USD/CNH to test the 6.6300 region in the near term,
EUR/GBP climbed to the monthly peak on Monday, though struggled to capitalize on the move.