Wednesday , 5 February 2025
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USD/CNH: Likely to trade in a lower range of 7.2680/1.3200 – UOB Group

Instead of continuing to decline, US Dollar (USD) more likely to trade in a lower range of 7.2680/1.3200. In the longer run, outlook is mixed; USD could trade in a 7.2430/7.3580 range for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

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