NZD/USD seems vulnerable near YTD low, below mid-0.6700s amid stronger USD
NZD/USD was seen oscillating in a narrow trading band near the lowest level since November
USD/CAD Price Analysis: Corrects from three-month highs near 1.2850
USD/CAD faces rejection once again near 1.2850 amid firmer WTI prices. The major has room
USD/CAD retreats towards 1.2800 on firmer oil, market consolidation
USD/CAD consolidates Friday’s gains around 11-week top. WTI crude oil rises around 2.0% to $67.50,
USD/CAD flirts with multi-month peak, around 1.2830 ahead of US/Canadian jobs data
USD/CAD edged higher on Friday amid a modest pickup in the USD demand. A further
USD/JPY: Solid support still seen at 112.50 – UOB
Prospects of further decline in USD/JPY are expected to meet support in the mid-112.00s in
USD/CNH could retreat to the 6.3525 level – UOB
Further retracement could push USD/CNH to test the 6.3525 level in the short-term horizon, noted
AUD/USD remains confined in a range, seems vulnerable near 0.7100 mark
AUD/USD witnessed a subdued price action through the early part of the European session. Omicron
EUR/USD: Upside could test the 1.1410 level – UOB
In opinion of FX Strategists at UOB Group, the upside bias in EUR/USD could reach
GBP/USD: Still room for further retracement – UOB
FX Strategists at UOB Group suggested GBP/USD still risks further pullbacks in the next weeks.
NZD/USD: Another drop to 0.6760 looks unlikely near term – UOB
While further downside in NZD/USD remains in the pipeline, another visit to 0.6760 seems to