EUR/USD remains weak and targets 1.0805 – UOB
According to FX Strategists at UOB Group, EUR/USD remains under pressure and keeps targeting the
Financial and Business News
According to FX Strategists at UOB Group, EUR/USD remains under pressure and keeps targeting the
NZD/USD struggled to capitalize on its modest intraday uptick to the 0.6820 region. Stagflation fears,
AUD/USD is now seen trading within the 0.7170-0.7370 range in the next weeks, suggested FX
In opinion of FX Strategists at UOB Group, cable remains poised for further weakness and
NZD/USD defends 0.6800 the figure after a two-day downtrend. New Zealand Q4 Manufacturing Sales rallied
EUR/USD reverses the recent weakness and retakes 1.0900. Risk appetite shows some improvement on Tuesday.
USD/CAD attracted some dip-buying on Tuesday and turned positive for the fourth straight day. An
AUD/USD witnessed some follow-through selling for the second successive day on Tuesday. A turnaround in
UOB Group’s FX Strategists keep the mixed outlook in USD/CNH unchanged in the near term.
An extension of the recent strong USD rally assisted USD/JPY to regain positive traction on