USD/CNHUSDCNH

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USD/CNH · USDCNHNeutral

USD/CNH consolidates near 6.79 as UOB forecasts range-bound trading.

Over the past 24 hours, USD/CNH has remained relatively stable, trading between 6.7911 and 6.8025, closing at 6.7948. United Overseas Bank (UOB) analysts suggest that the recent decline in the US Dollar's strength has ended, with the pair expected to trade within a range of 6.7750 to 6.8080 in the coming weeks.

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