US Dollar Anticipated to Trade between 151.30 and 152.35
The US Dollar (USD) is expected to trade between 151.30 and 152.35 in the forex market. Analysts from UOB Group, including Quek Ser Leang and Peter Chia, emphasize that the longer-term outlook for the USD is negative, with significant attention needed on the 150.00 level. Investors should prepare for potential volatility within this range as global economic factors continue to influence currency performance. It is essential to stay alert for changes that can affect trading strategies in upcoming sessions.