USD/CNH: Likely to trade in a range between 7.1440 and 7.1630 – UOB Group

US Dollar (USD) is likely to trade in a range between 7.1440 and 7.1630 against Chinese Yuan (CNH). In the longer run, USD view is negative; it could drop to 7.1295, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

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