USD/CNH: No changes to the side-lined mood so far – UOB – by pabspiovano China Currencies Crosses Banks
24-hour view: “We held the view that USD “is likely to consolidate between 6.7400 and 6.7700” yesterday. Our view for consolidation was not wrong, however, USD traded within a narrower range than expected . Further consolidation appears likely, expected to be between 6.7400 and 6.7680.”
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