USD/CNH: Room for a move to 7.1650 – UOB

BY admin admin

According to FX Strategists at UOB Group, USD/CNH could gather extra traction and retest the 7.1650 level in the next weeks. Key Quotes 24-hour view:

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

British Pound (GBP) Latest: GBP/USD, FTSE Struggle on Coronavirus Headline Fears

Headline risks for UK asset markets are increasing as the government warns of a complete lockdown in London if advice is not followed.

Forex

Former ECB vice-president says the hiking cycle will end in July

<p>Former ECB vice president Vitor Constancio says that falling inflation means that the final rate hikes from the Federal Reserve and ECB will be in July.</p><p>"Inflation came

Forex

Bank of America are forecasting 7 Federal Reserve rate hikes this year

BoA economics citing rapidly rising wages as a key factor in their projection of seven interest rate rises to come in 2022: 7*0.25% increases in 2022 4*0.25% to follow in 2023 On the indicators of ris

Copyright © 2024 | WordPress Theme: Xews Lite