Chinese Yuan: Mild gains likely against US Dollar while support holds - UOB United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see slightly stronger downward momentum in USD/CNH after the pair eased from recent highs. For the next 24 hours, they expect t
Chinese Yuan: Mild gains likely against US Dollar while support holds – UOB United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see slightly stronger downward momentum in USD/CNH after the pair eased from recent highs.
For the next 24 hours, they expect the Dollar to edge lower but stay above strong support at 6.6530, with resistance at
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