EUR/USD crushes the 1.0700 ceiling and prints 4-week tops
EUR/USD reaches new multi-week highs past 1.0700. The dollar remains on the back footing amidst
GBP/USD recovers modest intraday losses, flirts with 1.2600 mark amid fresh USD selling
GBP/USD attracted some dip-buying on Tuesday amid renewed USD weakness. A goodish pickup in the
EUR/USD: Further gains could see 1.0750 retested – UOB
In the opinion of FX Strategists at UOB Group Quek Ser Leang and Peter Chia,
USD/CNH: Next on the downside comes 6.6500 – UOB
FX Strategists at UOB Group Quek Ser Leang and Peter Chia suggested USD/CNH could grind
USD/IDR: Further range bound looks likely for the time being – UOB
USD/IDR is expected to navigate within the 14,600-14,740 range in the near term, suggested Quek
USD/THB faces a tough support around 34.00 – UOB
According to Quek Ser Leang at UOB Group’s Global Economics & Markets Research, USD/THB appears
EUR/USD: Bulls push harder and now target 1.0700
EUR/USD extends the upside and clinches new May highs. ECB’s Lagarde suggested July as a
USD/CAD struggles near two-week low, below 1.2800 mark amid weaker USD/rising oil prices
A combination of factors prompted fresh selling around USD/CAD on Monday. Rising oil prices underpinned
AUD/USD sits near two-week peak, just above 0.7100 mark amid risk-on/weaker USD
A combination of supporting factors pushed AUD/USD to a two-week high on Monday. RBA’s hawkish
USD/CAD weakens further below 1.2800 mark, drops to fresh two-week low
USD/CAD prolonged its recent bearish trend and dropped to a fresh two-week low on Friday.