USD/CNH forecast to keep the side-lined theme – UOB
UOB Group’s FX Strategists noted USD/CNH is still seen within the 6.4300-6.4900 range in the
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UOB Group’s FX Strategists noted USD/CNH is still seen within the 6.4300-6.4900 range in the
EUR/USD extends the downside to the 1.1840 region. The dollar gains traction and clinches new
Quek Ser Leang at UOB Group’s Global Economics & Markets Research reviews the prospects for
GBP/USD gained traction on Wednesday and recovered a major part of the overnight losses. Some
USD/CNH move into a 6.4300-6.4900 consolidative range, noted UOB Group’s FX Strategists. Key Quotes 24-hour
Ahead of the key Nonfarm Payrolls data on Friday, the Consumer Confidence report revealed abundant
GBP/JPY remains muted following the previous session weakness on Wednesday. Bears remain hopeful below the
A combination of factors failed to assist GBP/USD to capitalize on its intraday positive move.
EUR/GBP has been under consistent selling pressure since April. The Eurozone imposed new COVID-19 restrictions
NZD/USD bears n the verge of a downside extension to challenge the bulls at monthly