UOB
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USD/CNH: Outlook for USD is neutral now – UOB Group
USD is likely to trade in a range between 6.9740 and 6.9900. In the longer run, outlook for USD is neutral now;…
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AUD/USD: Very likely to retest the 0.6680 level – UOB Group
Australian Dollar (AUD) could retest the 0.6680 level before a recovery can be expected; any further decline is unlikely to…
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GBP/USD: Likely to trade in a lower range of 1.3400/1.3535 – UOB Group
Downside risk appears to be building, but any Pound Sterling (GBP) weakness is likely part of a lower range of…
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GBP/USD: Likely to test 1.3435 – UOB Group
There is room for Pound Sterling (GBP) to test 1.3435; the major support at 1.3400 is not expected to come…
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EUR/USD: Likely to edge lower and the major support at 1.1650 – UOB Group
Euro (EUR) could edge lower and the major support at 1.1650 may be tested. In the longer run, price action…
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GBP/USD: Likely to range-trade between 1.3470 and 1.3535 – UOB Group
Pound Sterling (GBP) is likely to range-trade, most likely between 1.3470 and 1.3535. In the longer run, GBP could rise…
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EUR/USD: Bias remains tilted to the downside – UOB Group
EUR is likely to edge lower, but any decline is unlikely to reach the major support at 1.1650. In the…
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AUD: CPI slows as headline inflation misses forecasts – UOB Group
Headline CPI was flat on the month and slowed to 3.4% y/y, undershooting expectations as underlying inflation eased slightly. Despite…
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USD/CNH: Likely to trade in a range between 6.9720 and 6.9920 – UOB Group
US Dollar (USD) is likely to trade in a range between 6.9720 and 6.9920. In the longer run, deeply oversold…
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USD/JPY: Might trade in a choppy manner between 156.20 and 157.20 – UOB Group
Outlook is mixed; US Dollar (USD) could trade in a choppy manner between 156.20 and 157.20. In the longer run, USD…
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