Friday , 10 January 2025
Home Forex AUD/USD: Downward momentum is likely to result in a lower trading range – UOB Group
Forex

AUD/USD: Downward momentum is likely to result in a lower trading range – UOB Group

Slight increase in downward momentum is likely to result in a lower trading range of 0.6215/0.6265. In the longer run, for the time being, AUD is expected to trade between 0.6180 and 0.6310, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Nasdaq Technical Analysis – The market awaits the US data for direction

Fundamental OverviewThe Nasdaq has been stuck in a big range since the...

Fed’s Musalem pushes caution on further reducing interest rates

Last month's decision to cut rates was a "close call"The economic outlook...

S&P 500 Technical Analysis – Awaiting the key US data for the next major move

Fundamental OverviewThe S&P 500 has been stuck in a big range since...

Gold eyes fourth straight day of gains with US jobs report in focus

The precious metal is keeping a solid bounce off its 100-day moving...