Wednesday , 12 February 2025
Home Forex USD/CNH: Chance to retest the 7.3700 level – UOB Group
Forex

USD/CNH: Chance to retest the 7.3700 level – UOB Group

US Dollar (USD) is expected to trade in a range between 7.3430 and 7.3615. In the longer run, room for USD to retest the 7.3700 level; it is too early to determine if it can break and remain above this level, 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Your email address will not be published.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

ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +

Fidelity’s global macro director says the uptrend in US equites "feels like...

Fidelity’s global macro director says the uptrend in US equites “feels like late innings”

Jurrien Timmer is Director of Global Macro at Fidelity: trend remains up...

Wall Street Journal on ‘what we know’ about Trump’s reciprocal tariffs

The Wall Street Journal piece is gated:What We Know About Trump’s Reciprocal...

GBP/USD holds gains near 1.2450, downside risks appear due to hawkish Fed

GBP/USD remains steady after registering gains in the previous session, trading around...