Outlook for USD/JPY remains mixed – UOB
USD/JPY could now trade within the 109.50-110.70 range in the short-term horizon, suggested FX Strategists
AUD/USD climbs to three-day tops near 0.7370 area, lacks follow-through
AUD/USD attracted buying for the second consecutive day and recovered further from YTD lows. The
USD/CAD surrenders intraday gains, slides to session lows around 1.2675-70 area
A combination of factors failed to assist USD/CAD to preserve its intraday gains to the
USD/JPY: Downside momentum alleviated above 110.20 – UOB
UOB Group’s FX Strategists note USD/JPY faces a tough resistance in the 110.20 region in
EUR/USD remains on the defensive near 1.1770, focus is on the ECB
EUR/USD reverses the initial drop to 1.1750. The pair attempts to consolidate below the 1.1800
EUR/USD risks further downside – UOB
FX Strategists at UOB Group noted EUR/USD remains poised for extra losses in the short-term
GBP/USD: Door open for a move to 1.3550 – UOB
In opinion of FX Strategists at UOB Group, GBP/USD could slip back to the 1.3550
AUD/USD: A break below 0.7300 remains on the cards – UOB
AUD/USD could breach the key 0.7300 mark in the next weeks, suggested FX Strategists at
EUR/USD challenges 3-month lows near 1.1770
EUR/USD loses further ground and re-visits 1.1770. The dollar keeps the buying bias unchanged despite
CFTC Positioning Report: EUR net longs at 16-month lows
These are the min highlights of the CFTC Positioning Report for the week ended on