Further consolidation seems likely in USD/CNH around 6.8100 and 6.9200 for the time being, comment UOB Group’s Economist Lee Sue Ann and Market Strategist Quek Ser Leang.
Key Quotes
24-hour view: “We expected USD to trade in a range of 6.8700/6.8950 yesterday. USD subsequently traded between 6.8750 and 6.8975 before closing slightly higher at 6.8950 ( 0.22%). The underlying tone has improved somewhat and USD is likely to edge higher today. In view of the mild upward pressure, any advance is unlikely to break 6.9110. On the downside, a break of 6.8850 would indicate that the current upward pressure has faded.”
Next 1-3 weeks: “Our latest narrative was from Monday (27 Mar, spot at 6.8700) wherein we highlighted that the recent USD weakness has stabilized and that USD is likely to trade between 6.8100 and 6.9200 for now. While we continue to hold the same view, short-term momentum has improved a tad, but at this stage, the odds for a clear break above 6.9200 are not high.”
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.