Back to news
07 Aug 2026 · 02:55 GMT+3
11

Chinese Yuan: Bullish tone with upside tests against US Dollar – UOB

United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann note that USD/CNH is trading with a soft underlying tone, with scope for the Dollar to test support levels near 6.7420 in the short term, while a sustained break lower is seen as unlikely.

Trading involves risk. The information above is for reference only and does not constitute investment advice.