USD/JPY: Decent support lines up at 127.50 – UOB
Downside pressure in USD/JPY is expected to meet the next support of note at 127.50
Financial and Business News
Downside pressure in USD/JPY is expected to meet the next support of note at 127.50
GBP/USD reverses Friday’s corrective pullback from two-year low. UK’s readiness to alter NI protocol, despite
Extra gains could motivate USD/CNH to challenge the 6.8500 area in the next weeks, commented
USD/JPY gained some positive traction on Friday and recovered further from a two-week low. The
GBP/JPY dropped to a near three-month low and was pressured by a combination of factors.
In opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang,
USD/CNH could now attempt a visit to the 6.8000 level in the next weeks, commented
AUD/USD staged a goodish bounce from its lowest level since July 2020 touched earlier this
EUR/GBP gained some positive traction on Tuesday and inched back closer to the YTD peak.
Some stabilisation in risk sentiment after Monday's equity sell-off could help high-beta currencies recover some