USD/CNH: Extra range bound remains on the cards – UOB – by pabspiovano China Currencies Majors Banks
is still seen within the 6.7280-6.7800 range for the time being, commented FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang.24-hour view: “We highlighted last Friday that ‘the outlook remains mixed’ and we expected USD to ‘trade between 6.7350 and 6.7650’. USD subsequently dropped sharply but briefly to 6.7267 before rebounding to a high of 6.7585. The outlook remains mixed and USD is likely to trade sideways for today, expected to be between 6.7350 and 6.7650.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weekly Forex Forecast - AUDUSD, USD/JPY, EUR/USD, GBP/USDStart the week of August 1, 2022 with our Forex forecast focusing on major currency pairs here.
Read more »
Gold Price Forecast: XAU/USD struggles near $1,760 on sour sentiment ahead of US PMIs, NFPGold price (XAU/USD) remains pressured despite bouncing off the intraday low, down for the first time in four days, as buyers take a breather around t
Read more »
Forex Forecast: Pairs in Focus \u2013 USD/JPY, GBP/USD, S\u0026P 500Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 1, 2022 here.
Read more »
USD/JPY Forecast: August 2022After creating a high not seen since 1998 in the USD/JPY in mid-July, the currency finished trading for the month near lows not seen since mid-June.
Read more »
Ethereum Achieves New Milestones After 30% Rise: DetailsNew investors are flowing into ethereum as the price remains in the $1,700 range. glassnodealerts
Read more »
USD/ZAR Forecast: August 2022The USDZAR will begin the month of August within a technical middle ground per its one month chart and traders should be ready for choppy conditions to emerge. See the whole monthly forecast here:
Read more »