USD Decline Could Be Excessive, Says UOB Group
The US Dollar appears set to trade within a range of 7.2550 to 7.2950 moving forward. Despite a downward trend, analysts from UOB Group predict that the current decline in USD may seem excessive over the long term. They highlight the potential for a test of 7.2420 in the near future, emphasizing the need for investors to stay informed on market dynamics that could shift rapidly.
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