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Your email address will not be published.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

Eurostoxx futures -0.2% in early European trading

German DAX futures -0.2%UK FTSE futures -0.1%This follows from the gains yesterday,...

AUD/JPY hovers around 98.00, upside seems possible due to uncertainty over BoJ rate hikes

AUD/JPY remains steady after its recent losses registered in the previous session,...

Sweden Industrial Production Value (MoM): 2.4% (November) vs -0.9%

Sweden Industrial Production Value (MoM): 2.4% (November) vs -0.9%

Sweden Industrial Production Value (YoY) climbed from previous -2% to 2.6% in November

Sweden Industrial Production Value (YoY) climbed from previous -2% to 2.6% in...