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UOB Sees Further Yuan Strength, Targets 6.7000 Against US Dollar
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UOB Sees Further Yuan Strength, Targets 6.7000 Against US Dollar
BitcoinWorld UOB Sees Further Yuan Strength, Targets 6.7000 Against US Dollar United Overseas Bank (UOB) Group Research maintains a bullish bias on the Chinese Yuan against the US Dollar, with a focus on the 6.7000 level, according to their latest currency outlook. UOB’s Yuan Forecast: What It Means The forecast, as of the latest update, indicates that UOB expects the USD/CNY pair to decline toward 6.7000, implying further appreciation of the Y…
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