USD/CNH: Downward pressure picks up traction – UOB

BY admin admin

USD/CNH risks a potential pullback to 7.2600 once it breaches 7.2800. comment UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist P

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

USDCHF H4 | Reversing to support level?

TitleUSDCHF H4 | Reversing to support level?TypeBearish ReversalPreference:Price is reacting off our pivot line at 0.87631, a pullback resistance, and is falling to the 1st support at 0.86884, a swing

Forex

Renewed Coronavirus Worries Prompt Risk Aversions, Dollar Rebounds

<p>European markets open the week in heavy selloff on worries over a new strain of coronavirus discovered in the UK, which was seen as “out of control” by the Health minister. At the

Forex

Bond Yields Rise As China Contagion Risks Weighed: Markets Wrap

<p>Equity markets weakened and US Treasury yields rose as investors weighed the potential for policy action by Chinese regulators to address mounting financial and property risks. US stocks slip

Copyright © 2024 | WordPress Theme: Xews Lite