USD/CNH keeps the consolidative theme unchanged – UOB
USD/CNH poised to extend the consolidation range within the 6.4240-6.4800 range in the next weeks.
Financial and Business News
USD/CNH poised to extend the consolidation range within the 6.4240-6.4800 range in the next weeks.
UOB Group’s FX Strategists noted that USD/JPY still faces some consolidation within the 109.30/110.55 range
The German economy ministry was out with some comments in the last hour, saying that
AUD/USD found some support near the 0.7335 region on Monday amid the prevalent risk-on mood.
In opinion of FX Strategists at UOB Group, EUR/USD risks extra losses if 1.1770 is
Cable still targets the 1.3890 level as long as it does not break below 1.3760,
FX Strategists at UOB noted AUD/USD still faces further consolidation in the next weeks. Key
AUD/USD steps back from intraday high but seesaws around 50-DMA for the fourth day. Uptick
NZD/USD refreshes intraday low, snaps two-day recovery moves. NZIER revises down near-term outlook but strikes
NZD/USD consolidates gains marked during the last three weeks in a choppy range. Market sentiment