USD/CNH CLINGS TO THE MIXED OUTLOOK

avatar
· Views 56


 

According to UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, USD/CNH is still seen trading within the 6.8500-6.9200 range for the time being.

24-hour view: “We highlighted yesterday that the outlook for USD is mixed and we expected it to trade in a choppy manner between 6.8600 and 6.8950. USD subsequently traded in a range of 6.8741/6.9006 before closing largely unchanged at 6.8741 (-0.01%). The outlook remains mixed and today, we expect USD to trade in a range of 6.8600/6.8900.”

Next 1-3 weeks: “There is not much to add to our update from yesterday (03 Apr, spot at 6.8800). As highlighted, the recent build-up in downward momentum has faded quickly.  For now, the outlook for USD is mixed and it is likely to trade between 6.8500 and 6.9200 for now.”


Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.

Suka artikel ini? Tunjukkan apresiasimu dengan memberi hadiah untuk penulis.
Balasan 0

Tinggalkan pesan Anda sekarang

  • tradingContest