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USD/CNH is expected to consolidate between 7.1200 and 7.1380 – UOB Group
Oleh FXStreet Insights Team
Tarikh Diterbitkan: 2 Oct 2025 | Tarikh Diubah: 2 Oct 2025
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US Dollar (USD) is expected to consolidate between 7.1200 and 7.1380. In the longer run, for the time being, USD is likely to trade in a range between 7.1000 and 7.1480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
US Dollar (USD) is expected to consolidate between 7.1200 and 7.1380. In the longer run, for the time being, USD is likely to trade in a range between 7.1000 and 7.1480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD is likely to trade in a range
24-HOUR VIEW: "Yesterday, we expected USD to 'consolidate between 7.1210 and 7.1380.' USD subsequently traded in a range of 7.1230/7.1394, closing largely unchanged at 7.1273 (-0.02%). Momentum indicators are mostly flat, and we continue to expect consolidation today, most likely between 7.1200 and 7.1400."
1-3 WEEKS VIEW: "Our update from two days ago (30 Sep, spot at 7.1275) remains valid. As highlighted, 'the current price movements are likely part of a range-trading phase between 7.1000 and 7.1480'."
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