Forex
globalreutersFebruary 3, 20251 Mins read
USD/CNH: Strong opening gap in USD suggests further advance – UOB Group
globalreutersFebruary 3, 20251 Mins read US Dollar (USD) could rise further; overbought conditions suggest 7.4000 is unlikely to come into view. In the longer run, strong opening gap in USD suggests further advance; expect 7.4000 to provide resistance, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Related Articles
HSBC upgrades Europe, sees better opportunities outside US equities
Equity market analysts at HSBC are losing faith in the value proposition...
European shares close sharply lower.There are no winners in the Europe or US stock indices
There are no winners in the equity markets in Europe or the...
UK PM Starmer talked with Pres. Trump ahead of Saudi talks
UK PM Starmer spoke with US President Trump ahead of upcoming talks...
Nasdaq decline today rivals the big moves lower in 2024
The Nasdaq Composite Index is experiencing continued downside pressure, moving further away...
Leave a comment