USD/CNH: Likely to trade in a range of 7.1160/7.1330 – UOB Group

USD/CNH: Likely to trade in a range of 7.1160/7.1330 – UOB Group

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US Dollar (USD) is likely to trade in a range of 7.1160/7.1330. In the longer run, room for USD to drop below 7.1100; any decline is likely to be slow, and 7.1000 may not come into view so soon, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note…
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