UOB
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GBP/USD: Major support at 1.3390 is unlikely to come under threat – UOB Group
Pullback has scope to extend; the major support at 1.3390 is unlikely to come under threat. In the longer run,…
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EUR/USD: A break below 1.1615 appears unlikely – UOB Group
Slight increase in downward momentum could lead to Euro (EUR) edging lower, but a break of 1.1615 appears unlikely. In…
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USD/JPY: Likely to continue rising – UOB Group
USD is likely to continue to rise; the level to watch is 158.90, UOB Group’s FX analysts Quek Ser Leang…
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NZD/USD: Likely to trade in a range between 0.5720 and 0.5805 – UOB Group
New Zealand Dollar (NZD) could rise further; overbought conditions could limit any gains to a test of 0.5785. In the…
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USD/CNH: Likely to trade between 6.9660 and 7.0160 – UOB Group
Outlook for USD is neutral now; it is likely to trade between 6.9660 and 7.0160, UOB Group’s FX analysts Quek…
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AUD/USD: Likely to trade between 0.6655 and 0.6745 – UOB Group
Instead of extending its decline, Australian Dollar (AUD) is more likely to range-trade between 0.6670 and 0.6710. In the longer…
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GBP/USD: Chance to test the major support at 1.3370 – UOB Group
Even without a significant increase in downward momentum, Pound Sterling (GBP) may yet test the major support at 1.3370. In…
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EUR/USD: Risk of closing below 1.1615 remains intact – UOB Group
Euro (EUR) must break and close below 1.1615 before a move to 1.1585 can be expected, UOB Group’s FX analysts…
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US: Downside surprises in December payrolls and unemployment rate – UOB Group
The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Fri (9 Jan) presented two main…
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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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