Back To Top

May 13, 2025

USD/CNH Might Continue Weakness as Major Support Remains Elusive

The US Dollar (USD) may continue to weaken against the Chinese Yuan (CNH), with major support at the 7.1700 level likely to remain out of reach for now. Analysts from UOB Group, Quek Ser Leang and Peter Chia, indicate that while short-term fluctuations may occur, the longer-term trend shows renewed downward momentum. This outlook suggests that the 7.1700 level will soon be back in focus for traders who monitor this critical exchange relationship. As global dynamics evolve, market participants are strategizing how to navigate potential shifts in this pairing.

Prev Post

XRP Could See a DOGE-Style Surge: A Bold Prediction by…

Next Post

BlackRock Highlights Quantum Computing Risks in Bitcoin ETF Filing

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment