Friday , 22 November 2024
Home Forex USD/CNH: Likely to edge lower while below 7.1750 – UOB Group
Forex

USD/CNH: Likely to edge lower while below 7.1750 – UOB Group

The US Dollar (USD) is likely to edge lower; given the mild downward pressure, any decline is unlikely to reach July’s low of 7.0636, UOB Group FX strategists Quek Ser Leang and Peter Chia 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Your email address will not be published.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%French CAC 40 futures +0.1%UK FTSE futures +0.4%This follows...

UK Retail Sales decline 0.7% on a monthly basis in October vs. -0.3% expected

The UK's Office for National Statistics (ONS) reported on Friday that Retail...

United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%) in October

United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%)...

Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in 3Q

Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in...