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Buy USDCNH
$6.78
+0.0162 (+0.239%)
At Close: Jun 03, 2026
USD/CNH, Iron Ore, Copper: China stimulus pivotal to counteract domestic weakness, Trump tariff threat
12:20am, Thursday, 07'th Nov 2024
Traders are eyeing China's stimulus announcement on Friday. Will it be substantial enough to counter weak growth and Trump's looming 60% tariffs?
Buyers Still in Control on Renminbi (USDCNH)
08:37pm, Wednesday, 06'th Nov 2024
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig
USD/CNH: Can breach 7.1800 near term – UOB Group
05:05am, Wednesday, 06'th Nov 2024
Impulsive advance in early Asian trade could extend to 7.1550 before levelling off. In the longer run, downward momentum has largely faded; USD could trade in a broad 7.0900/7.1800 range, UOB Group's
USD/CNH: To decline towards 7.0660 – UOB Group
04:52am, Tuesday, 05'th Nov 2024
Instead of continuing to weaken, the US Dollar (USD) is likely to trade in a range between 7.1000 and 7.1250. In the longer run, increasing momentum and breach of 7.1000 support level suggests USD is
USD/CNH: To encounter solid support at 7.1000 – UOB Group
06:43am, Friday, 01'st Nov 2024
USD could drift lower, but any decline is likely part of a lower trading range of 7.1150/7.1400. In the longer run, USD is under mild downward pressure; it could edge lower, but any decline is expecte
USD/CNH: To trade between 7.1300 and 7.1550 – UOB Group
07:00am, Wednesday, 30'th Oct 2024
The US Dollar (USD) is expected to trade in a range between 7.1300 and 7.1550. In the longer run, upward momentum is building, but USD must break and remain above 7.1600 before further sustained gains
USD/CNH: Above 7.1600 further sustained gains are likely – UOB Group
06:35am, Tuesday, 29'th Oct 2024
Room for USD to rise; the 7.1600 level is likely out of reach. In the longer run, upward momentum is building, but USD must break and remain above 7.1600 before further sustained gains are likely, UOB
USD/CNH: Likely to rise towards 7.1600 – UOB Group
07:44am, Monday, 28'th Oct 2024
Increasing momentum suggests the US Dollar (USD) is likely to rise further, potentially reaching 7.1600. In the longer run, upward momentum is building, but USD must break and remain above 7.1600 befo
USD/CNH: Below 7.0900 to trade in range – UOB Group
07:13am, Friday, 25'th Oct 2024
The US Dollar (USD) is expected to trade in a range between 7.1180 and 7.1440. Momentum is slowing; a breach of 7.0900 would indicate that USD is more likely to trade in a range instead of strengtheni
USD/CNH: To trade in a range between 7.1180 and 7.1440 – UOB Group
06:41am, Thursday, 24'th Oct 2024
The US Dollar (USD) is expected to trade in a range between 7.1180 and 7.1440. In the longer run, momentum is slowing; a breach of 7.0900 would indicate that USD is more likely to trade in a range ins
USD/CNH: Momentum is slowing – UOB Group
05:49am, Wednesday, 23'rd Oct 2024
Room for USD to rise to 7.1500; a sustained break above this level seems unlikely. In the longer run, momentum is slowing; a breach of 7.0900 would indicate that USD is more likely to trade in a range
USD/JPY, USD/CNH: US dollar rally gains steam as bond belly belted
10:59pm, Tuesday, 22'nd Oct 2024
USD/JPY and USD/CNH remain heavily influenced by the US Treasury market, where rising yields are boosting the dollar's yield advantage over both the yen and yuan. Given the ongoing trends in both rate
AUD/USD finding support from unusual stability in USD/CNH
07:16pm, Tuesday, 22'nd Oct 2024
Gains in Chinese equity index futures and relative stability in the offshore-traded Chinese yuan may have shielded the Australian dollar from the latest bout of US dollar strength, helping AUD/USD pus
USD/CNH: To edge higher to 7.1500 before levelling off – UOB Group
06:16am, Tuesday, 22'nd Oct 2024
Room for the US Dollar (USD) to edge higher to 7.1500 before levelling off. In the longer run, momentum is slowing; a breach of 7.0900 would indicate that USD is more likely to trade in a range instea
USD/CNH: A sudden weakness amid USD strength – DBS
05:51am, Tuesday, 22'nd Oct 2024
China cut the 1Y and 5Y LPR by 25bps on Monday to 3.10% and 3.60% respectively. USD/CNH had surged to mid-7.13 levels amid broad USD strength, DBS' FX analyst Philip Wee notes.
