AUD/USD now looks to 0.7170 – UOB
In the opinion of FX Strategists at UOB Group Quek Ser Leang and Peter Chia,
Financial and Business News
In the opinion of FX Strategists at UOB Group Quek Ser Leang and Peter Chia,
The downside bias in USD/CNH seems over for the time being, say FX Strategists at
USD/JPY could attempt to consolidate prior to a potential decline to the 131.65 level in
AUD/USD sees a sharp sell-off on renewed China growth concerns. US dollar gathers upside traction
EUR/USD extends the decline to the vicinity of 1.0200. The greenback looks supported by the
USD/CAD receives a double booster shot from a weaker USD and WTI sell-off. China wreaks
The outlook for the USD/CAD pair remains bullish in the short-term according to analysts at
Economists at Goldman Sachs reason why they think the post-US inflation weakness in the dollar
FX Strategists at UOB Group Quek Ser Leang and Peter Chia noted EUR/USD’s potential move
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