Monday , 24 February 2025
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USD/CNH: Upward momentum has dissipated – UOB Group

Downward momentum is building, but this will likely lead to a lower trading range of 7.3200/7.3500 instead of a sustained decline. In the longer run, upward momentum has dissipated; US Dollar (USD) is likely to trade in a range between 7.3100 and 7.3650.

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