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 analysts Quek Ser Leang and Peter Chia note.

US Dollar (USD) remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/CNH is expected to trade in a lower range of 6.9520/6.9900

24-HOUR VIEW: "USD traded between 6.9676 and 6.9780 yesterday, narrower than our expected range of 6.9650/6.9800. The price movements still appear to be part of a range-trading phase. Today, we expect USD to trade between 6.9650 and 6.9770."

1-3 WEEKS VIEW: "We have held a neutral USD view since last week. In our latest narrative from two days ago (13 Jan, spot at 6.9710), we stated that USD 'remains neutral but is now expected to trade in a lower range of 6.9520/6.9900'. Our view remains unchanged."


Acuity Trading is a London-based fintech company founded in 2013 that specializes in AI-powered alternative data and sentiment analysis for trading and investments. They revolutionized the online trading experience by introducing visual news and sentiment tools, and today they continue to lead the fintech market with alpha-generating alternative data and highly engaging trading tools using the latest AI research and technology.
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% Change / Price
GBPUSD
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EURUSD
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USDJPY
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