USD/CNH: Likely to trade sideways between 7.2570 and 7.2820 – UOB Group
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UOB Group's FX analysts predict the USD/CNH currency pair will likely trade sideways between 7.2570 and 7.2820 in the short term. They suggest potential for further rise to 7.2980 in the coming weeks, indicating improved momentum for the US Dollar against the Chinese Yuan.
March 28, 2025 | 12:15 pm
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Currency analysts predict sideways trading with potential upward trajectory for USD against CNH, suggesting a cautious but optimistic outlook.
Analysts from UOB Group indicate improved momentum and potential for USD to rise against CNH, suggesting a positive short-term outlook for the currency pair.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100