USD/CNH: Upward momentum has slowed – UOB Group
Portfolio Pulse from
UOB Group's FX analysts suggest the USD/CNH currency pair is experiencing slowing upward momentum. The pair is expected to trade within a 7.2550/7.2750 range in the short term. A breach below 7.2500 would indicate a transition to range trading, signaling potential market stabilization.
April 01, 2025 | 11:15 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The USD/CNH analysis suggests a potential stabilization of the Chinese Yuan, with the currency pair likely to trade in a narrow range.
The analysis indicates a potential shift to range-bound trading, suggesting minimal volatility and a balanced market sentiment for the Chinese Yuan.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80