USD/CNH seen within 6.3050-6.3450 near term – UOB By pabspiovano China Currencies Crosses Banks
24-hour view: “USD traded between 6.3180 and 6.3302 last Friday, narrower than our sideway-trading range of 6.3150/6.3350. The price actions offer no clues and USD could continue to trade sideways, expected to be between 6.3150 and 6.3350.”
Next 1-3 weeks: “We have held the same view since last Tuesday where the underlying tone has softened but USD has to close below 6.3000 before a sustained decline is likely. USD subsequently traded sideways and the downside risk appears to have dissipated. TheInformation on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
AUD/USD could extend the uptrend to 0.7500 – UOBThe upside momentum could motivate AUD/USD to visit the 0.7500 region in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour vie
Baca lebih lajut »
EUR/USD remains weak and targets 1.0805 – UOBFX Strategists noted EUR/USD now shifted the attention to a probable test of the 1.0805 level in the near term. Key Quotes 24-hour view: “Last Friday,
Baca lebih lajut »
EUR/USD remains weak and targets 1.0805 – UOBFX Strategists noted EUR/USD now shifted the attention to a probable test of the 1.0805 level in the near term. Key Quotes 24-hour view: “Last Friday,
Baca lebih lajut »
AUD/USD could extend the uptrend to 0.7500 – UOBThe upside momentum could motivate AUD/USD to visit the 0.7500 region in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour vie
Baca lebih lajut »
USD/CAD to simmer another push lower – ScotiabankEconomists at Scotiabank remain constructive on the medium-term Canadian dollar outlook though more choppy range trading ahead for USD/CAD is likely.
Baca lebih lajut »
USD/CAD remains depressed near 1.2700 mark amid a surge in crude oil pricesUSD/CAD remains depressed near 1.2700 mark amid a surge in crude oil prices By HareshMenghani USDCAD Ukraine RussianFederation RiskAversion Currencies
Baca lebih lajut »