USD/CNH: Losses seen picking up pace below 6.3000 – UOB

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USD/CNH: Losses seen picking up pace below 6.3000 – UOB
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USD/CNH: Losses seen picking up pace below 6.3000 – UOB By pabspiovano China Currencies Crosses Banks

24-hour view: “Our expectations for USD to ‘edge higher to 6.3380’ did not materialize as it traded sideways within a tight range of 6.3206/6.3268. The quiet price actions offer no clues and USD could continue to trade sideways, expected to be between 6.3150 and 6.3350.”

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