GBP/USD: Can break below 1.2900 – UOB Group
The Pound Sterling (GBP) could trade in a choppy and broad range of 1.2900/1.3040.
AUD/USD: A break of the major support at 0.6535 is unlikely – UOB Group
The Australian Dollar (AUD) could further but a break of the major support at 0.6535 is unlikely.
USD/CNH: Can breach 7.1800 near term – UOB Group
Impulsive advance in early Asian trade could extend to 7.1550 before levelling off.
USD/JPY: Stay short for now – OCBC
USD/JPY consolidated; last at 151.81 levels. US election makes noise, Governor Ueda’s press conference had some influence too, OCBC’ FX analysts Frances Cheung and Christopher Wong notes.
EUR/USD: Volatile and vulnerable – OCBC
The Euro (EUR) partially retraced earlier gains amidst US election volatility.
USD/CNH: To decline towards 7.0660 – UOB Group
Instead of continuing to weaken, the US Dollar (USD) is likely to trade in a range between 7.1000 and 7.1250.
NZD/USD: Likely to trade in a 0.5940/0.6040 range for now – UOB Group
The New Zealand Dollar (NZD) is expected to continue to trade in a range, albeit a lower one of 0.5955/0.5995.
AUD/USD: Moving up towards 0.6655 – UOB Group
Month-long Australian Dollar (AUD) weakness has stabilised; AUD is expected to trade in a 0.6535/0.6655 range for now, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
GBP/USD: Price action appears be consolidative – UOB Group
The Pound Sterling (GBP) is expected to trade in a range between 1.2920 and 1.3000.
AUD/USD: Advance expected to face strong resistance at 0.6620 – UOB Group
The Australian Dollar (AUD) is likely to trade with an upward bias; any advance is expected to face strong resistance at 0.6620.
EUR/USD: Unwinding underway – OCBC
The Euro (EUR) continued to drift higher as Trump trade unwound.
GBP/USD: To decline GBP must break and remain below 1.2845 – UOB Group
The Pound Sterling (GBP) is likely to trade in a range, probably between 1.2890 and 1.2980.
NZD/USD: Likely to trade in a 0.5940/0.6040 range for now – UOB Group
The New Zealand Dollar (NZD) could trade in a choppy manner between 0.5965 and 0.6015.
USD/JPY: Stay short – OCBC
USD/JPY fell sharply amid the pullback seen in USD as Trump trade unwinds.
USD/JPY: To trade with a downward bias – UOB Group
The US Dollar (USD) could trade with a downward bias; as momentum is not strong, any decline is unlikely to break clearly below 151.50.
USD/SGD: Rise over? – OCBC
USD/SGD fell, tracking the pullback in USD as Trump trade unwinds.
last updated on 6 Nov 12:37