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EUR/USD volatility near 5% as pair remains range-bound – ING
EUR/USD continues to trade with muted volatility near 5%, with the pair expected to remain range-bound as investors fund carry trades out of the Euro (EUR) rather than the more volatile Japanese Yen (JPY), ING's FX analyst Chris Turner notes.
Fxstreet
Fri, Jan 16
USD/CNH: Unlikely to break the support at 6.9520 – UOB Group
US Dollar (USD) could edge lower but is unlikely to break the support at 6.9520. In the longer run, USD remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.Fxstreet
Fri, Jan 16
USD/CNH softens as PBOC fix signals RMB strength – OCBC
USD/CNH remains offered after a softer USD/CNY fixing, the lowest since May 2023, reinforcing policymakers’ signal toward a gradual RMB appreciation path. USD/CNH last seen at 6.9668, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.
Fxstreet
Fri, Jan 16
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