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. In the longer, USD advance from early last month has ...
Upward momentum has slowed sharply and quickly; a break of 152.50 means that USD is likely to trade in a range instead of heading higher, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note ...