Ever notice how the US Dollar against the Chinese Yuan sometimes feels like it’s caught in that awkward “will-they-won’t-they” dance? Well, according to the sharp minds at UOB Group—Quek Ser Leang and Peter Chia—the USD is probably going to keep tiptoeing within a tight range between 7.1700 and 7.1920 for the near term. It’s like watching a boxing match where neither fighter quite lands the knockout punch—just steady jabs and cautious footwork. No fireworks, no sudden bursts—just a steady hum that’s got traders scratching their heads, wondering if the big break is just around the corner or if it’s just another day in the slow lane. Makes you ask: when will this tug-of-war between the USD and CNH finally break out of its shell and take us for a wild ride? Hang on tight, because the numbers suggest a tightrope act is in store for the foreseeable future—no dramatic dips or spikes, just a sluggish wobble inside the lines. LEARN MORE.
US Dollar (USD) is likely to trade in a range between 7.1700 and 7.1920 against Chinese Yuan (CNH). In the longer run, USD is expected to trade in a range between 7.1550 and 7.1920, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
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