USD/CNH: Extra retracements likely below 7.2700 – UOB

BY admin admin

USD/CNH should accelerate its losses on a breakdown of 7.2700, comment UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

DXY: Greenback’s Pullback May be Short-Lived

<p>Like it or not, the US dollar is the world’s reserve currency and therefore, the axis upon which the global financial system turns. As traders try to adjust to the rapidly-changing global hea

Forex

Crude Oil Futures: Correction is long overdue

Open interest and volume in Crude Oil futures went down by around 10.1K contracts and around 368.6K contracts, respectively, on Monday according to fl

Forex

Stirling in Focus Ahead of UK Jobs and Inflation Data

<p> <br /> </p> <div> <p>STOP!</p> <div> <p>From December 19th, 2022, this website is <span>no longer intended for residents of the United States&

Copyright © 2024 | WordPress Theme: Xews Lite