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USD/CNH: May have enough momentum for USD to rise to 7.2820 – UOB Group
US Dollar (USD) is expected to trade in a 7.2540/7.2700 range vs Chinese Yuan (CNH). In the longer run, there appears to be enough momentum for USD to rise to 7.2820, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Date:
26.03.2025 |
Source:
fxstreet.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.083490 | +0.31776% |
| GBPUSD | 1.294550 | -0.011723% |
| USDJPY | 149.855790 | -0.78075% |
| XAUUSD | 3082.950620 | +0.87694% |
| USDCAD | 1.433220 | +0.19575% |
| NZDUSD | 0.571520 | -0.40845% |
| USDCHF | 0.880740 | -0.016042% |
| AUDUSD | 0.628790 | -0.24773% |
| EURGBP | 0.836970 | +0.36879% |
| EURJPY | 162.367550 | -0.468% |
| GBPJPY | 193.995550 | -0.77918% |
| AUDJPY | 94.227590 | -1.0204% |
| CADJPY | 104.558820 | -0.96815% |
| CHFJPY | 170.147850 | -0.64243% |
| NZDJPY | 85.644990 | -1.13817% |
| GBPCHF | 1.140160 | -0.078112% |
| EURCHF | 0.954270 | +0.31993% |
| USDMXN | 20.361820 | +0.31468% |
| USDZAR | 18.379830 | +0.87499% |
| USDTRY | 37.994110 | +0.15962% |
| USDRUB | 84.446560 | -0.081925% |
| USDSEK | 10.015140 | +0.28482% |
| USDCNY | 7.262750 | -0.017268% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 31.03.2025 | ||||
| 01:30 | NBS Manufacturing PMI (Mar) | 50.5 | 50.2 | |
| 01:30 | NBS Non Manufacturing PMI (Mar) | 50.5 | 50.4 | |
| 06:00 | 🇩🇪 | Retail Sales MoM (Feb) | 0.1 | 0.2 |
| 06:00 | 🇩🇪 | Retail Sales YoY (Feb) | 3.2 | 2.9 |
| 07:00 | 🇩🇪 | Retail Sales MoM (Feb) | 0.1 | 0.2 |
| 07:00 | 🇩🇪 | Retail Sales YoY (Feb) | 3.2 | 2.9 |
| 08:00 | 🇩🇪 | Baden Wuerttemberg CPI MoM (Mar) | 0.5 | |
| 08:00 | 🇩🇪 | Baden Wuerttemberg CPI YoY (Mar) | 2.5 | |
| 08:00 | 🇩🇪 | Bavaria CPI MoM (Mar) | 0.4 | |
| 08:00 | 🇩🇪 | Bavaria CPI YoY (Mar) | 2.4 | |