UOB
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GBP/USD: Likely to range-trade between 1.3470 and 1.3535 – UOB Group
Pound Sterling (GBP) is likely to range-trade, most likely between 1.3470 and 1.3535. In the longer run, GBP could rise…
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EUR/USD: Bias remains tilted to the downside – UOB Group
EUR is likely to edge lower, but any decline is unlikely to reach the major support at 1.1650. In the…
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AUD: CPI slows as headline inflation misses forecasts – UOB Group
Headline CPI was flat on the month and slowed to 3.4% y/y, undershooting expectations as underlying inflation eased slightly. Despite…
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USD/CNH: Likely to trade in a range between 6.9720 and 6.9920 – UOB Group
US Dollar (USD) is likely to trade in a range between 6.9720 and 6.9920. In the longer run, deeply oversold…
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USD/JPY: Might trade in a choppy manner between 156.20 and 157.20 – UOB Group
Outlook is mixed; US Dollar (USD) could trade in a choppy manner between 156.20 and 157.20. In the longer run, USD…
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NZD/USD: Likely to trade in a range between 0.5760 and 0.5800 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5760 and 0.5800. In the longer run, pullback…
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AUD/USD: Likely to trade in a higher range of 0.6685/0.6730 – UOB Group
The increase in upward momentum is likely to lead to Australian Dollar (AUD) trading in a higher range of 0.6685/0.6730…
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GBP/USD: Likely to test 1.3560 before levelling off – UOB Group
There is a chance for the sharp rise in Pound Sterling (GBP) to test 1.3560 before levelling off; 1.3590 is…
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EUR/USD: Likely to trade between 1.1695 and 1.1750 – UOB Group
Euro (EUR) appears to have entered a range-trading phase between 1.1695 and 1.1750. In the longer run, bias remains tilted…
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GBP/USD: Likely to trade between 1.3430 and 1.3490 – UOB Group
GBP is likely to trade sideways between 1.3430 and 1.3490. In the longer run, momentum indicators are mostly flat; GBP…
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