US EditionUSD/CNH: Any decline is unlikely to reach 7.1450 – UOB Group
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USD/CNH: Any decline is unlikely to reach 7.1450 – UOB Group
Room for US Dollar (USD) to continue to edge lower against Chinese Yuan (CNH), but any decline is unlikely to reach 7.1450. In the longer run, there has been a tentative buildup in momentum; USD is likely to edge lower toward 7.1450, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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