UOB
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GBP/USD: Likely to range-trade between 1.3400 and 1.3460 – UOB Group
Pound Sterling (GBP) is likely to range-trade between 1.3400 and 1.3460. In the longer run, the near-term bias is tilted…
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EUR/USD: Likely to consolidate within a range of 1.1655/1.1720 – UOB Group
Euro (EUR) is likely to consolidate within a range of 1.1655/1.1720. In the longer run, risk for EUR remains on…
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NZD/USD: Likely to trade in a range between 0.5790 and 0.5850 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5790 and 0.5850. In the longer run, further…
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GBP/USD: Below 1.3380, GBP is likely to range-trade – UOB Group
The near-term bias is tilted to the upside, but Pound Sterling (GBP) may not break above 1.3505, UOB Group’s FX…
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EUR/USD: Likely to consolidate between 1.1690 and 1.1770 – UOB Group
Instead of continuing to rise, EUR is more likely to consolidate between 1.1690 and 1.1770. In the longer run, risk…
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USD/JPY: Rally has scope to extend – UOB Group
Strong US Dollar (USD) rally has scope to extend, potentially breaking above 160.00, UOB Group’s FX analysts Quek Ser Leang…
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AUD/USD: Major resistance at 0.6745 is not expected to come into view – UOB Group
Bias for Australian Dollar (AUD) has shifted to the upside, but the major resistance at 0.6745 is not expected to…
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EUR/USD: Likely to drop to 1.1585 before stabilization can be expected – UOB Group
Euro (EUR) could drop to 1.1585 before stabilization can be expected; the major support at 1.1560 is unlikely to come…
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USD/CNH remains neutral for now – UOB Group
US Dollar (USD) remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group’s FX…
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USD/JPY: Resistance at 160.00 is likely out of reach for now – UOB Group
Strong momentum indicates further US Dollar (USD) strength; the significant resistance at 160.00 is likely out of reach for now.…
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